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Property investors enjoyed capital gains of 17.57% over the last 12 months in WEST GOSFORD, translating to lower returns compared with its peers in NSW.
A survey of average capital gains or median home price increase in suburbs across the country shows that WEST GOSFORD, 2250 obtained a 6.31% growth over a ten-year period. It ranks 256th on our list of suburbs that property investors should look into.
WEST GOSFORD, 2250 has a capital gain of 17.57% for the past year, which is higher than average compared to its 21.48% growth within a five-year period.
With the median home price in WEST GOSFORD sitting at $475,000, and the average rent at $392.5, property owners could potentially earn a 4.3% increase in gross rental yield.
A 17.57% increase in median property prices in WEST GOSFORD, 2250 has allowed this suburb to join the ranks of best performing suburbs in NSW, settling at number 55th.
Figures from the previous quarter show that capital gains for real estate buyers in WEST GOSFORD are low, as opposed to average gains per annum over the past five years.
WEST GOSFORD, 2250 in NSW belongs to the local government area of Central Coast (C) (NSW).
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||N/A||17.57%|
|Median 3 years||N/A||11.76%|
|Median 5 years||N/A||21.48%|
|10 years average annual||N/A||6.31%|
|Weekly media advert. rent||N/A||$392.5|
|Time on Market||N/A||69.1 days|
|Gross Rental Yield Percent||N/A||4.3%|