Property value increases in Mollymook have tracked just lower than the NSW average of -4.21% over the last 12 months.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Mollymook has increased when compared to the 5 year average annual rate.
Property buyers and investors in Mollymook 2539 should be seeing an average reduction in asking price of around -11.23% . This means that Mollymook is holding prices well when compared to other suburbs in NSW.
Renters in Suburb are facing rents around $22620 per annum or $435 every week.
Investment property in Mollymook has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 0.79%
Mollymook,2539 was ranked 896 in Australia by increase in median property value over the quarter.
With the median price for a house in Mollymook being $510000 and the advertised rent reaching $360 the gross rental yield for property investors calculates out to be 3.67%