Hay has had a very poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of -21.21% to date .
Hay,2711 has offered an average of -21.21% return per annum in house price rises to property investors over the last three years.
LACK OF BUYER INTEREST may well be the reason that Hay is offering property investors an average of -7.26. This rate of discount on properties puts Suburb at number 13th in terms of most discounted suburbs in NSW
With the median price for a house in Hay being $130000 and the advertised rent reaching $220 the gross rental yield for property investors calculates out to be 8.80%