At number 114th in the list of Australian suburbs ordered by increase in median house value over the last year, Hay, 2711 is in the top 10% with a property value increase of 29.60% recorded in median house prices.
The five-year average increase in median property values for Hay,2711 has given property investors a potential capital gain of 62.00% across each of those five years.
At number 5th of NSW’s most discounted properties, Hay is in the bottom 10% of the state/territory when listing in order of most discounted to least.
At number 3775 in a list of fastest selling suburbs, Hay is in the bottom 10% of suburbs in Australia with an average of days on market 187.23 for properties listed there.
A $200 per week rent on the median house gives suburb investors a gross yield of circa 6.42%, without taking into account capital value appreciation, which has been averaging out at 4.77%.