If you compare the increase in value of investment property in Callala Beach, 2540 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 35.24%.
If we look at median property appreciation over just the last three months, Callala Beach has given property investors a paper return of 12.70%. This puts Suburb as 48 on a list of fastest fasting appreciating suburbs in NSW
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.26% offered to property buyers. Sellers in Callala Beach itself are offering an average vendor discount of -3.88% to real estate investors.
At number 3005 in a list of fastest selling suburbs, Callala Beach is in the bottom 30% of suburbs in Australia with an average of days on market 106.42 for properties listed there.
A $350 per week rent on the median house gives suburb investors a gross yield of circa 2.56%, without taking into account capital value appreciation, which has been averaging out at 7.38%.