NSW has seen average median house prices change by 8.12% which means that Mollymook Beach, 2539 has done well for property investors by showing a capital gain of 14.82% over the last year
If we look at median property appreciation over just the last three months, Mollymook Beach has given property investors a paper return of -0.52%. This puts Suburb as 928 on a list of fastest fasting appreciating suburbs in NSW
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Mollymook Beach, 2539. Typically our figures indicate that -5.81% is being offered, which puts this NSW suburb at 1668th most discounted overall in Australia.
In the last year 77 properties changed hands in Mollymook Beach, which puts it as the 393th most active market in NSW when comparing the number of sales per suburb.
With the median price for a house in Mollymook Beach being $718750 and the advertised rent reaching $460 the gross rental yield for property investors calculates out to be 3.33%
Mollymook Beach has had a A very good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 12.44% to date .
Across a shorter period, Mollymook Beach, 2539 has seen a median price increase of -1.14% over the last quarter.
In the last year 10 properties changed hands in Mollymook Beach, which puts it as the 594th most active market in NSW when comparing the number of sales per suburb.
Property investors should expect to get $600 weekly from the median priced house in this suburb.