The post-budget guide to commercial property investing

Old Erowal Bay

POSTAL CODE: NSW, 2540
HOUSE

Figures from the previous quarter show that capital gains for real estate buyers in OLD EROWAL BAY are low, as opposed to average gains per annum over the past five years.

This number can mean, real estate investors could earn a rental income of $545 based on current median home prices for the suburb.

On average, rents on listings have reached the $545 mark, reflecting a 4.05% increase in returns based on the current median price in OLD EROWAL BAY.

OLD EROWAL BAY, 2540 ranks 1101st in NSW in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 225th on the list of best yielding suburbs for rental properties in NSW, posting a 4.05% return.

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