Property investors enjoyed capital gains of 40.94% over the last 12 months in MILLERS POINT, translating to lower returns compared with its peers in NSW.
This number can mean, real estate investors could earn a rental income of $1300 based on current median home prices for the suburb.
On average, rents on listings have reached the $1300 mark, reflecting a 2.36% increase in returns based on the current median price in MILLERS POINT.
MILLERS POINT, 2000 ranks 10th in NSW in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 1055th on the list of best yielding suburbs for rental properties in NSW, posting a 2.36% return.
Property investors have seen a 13.88% gain in MILLERS POINT based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on MILLERS POINT, 2000 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 20.3%.
Based on its average 5-year and quarterly capital gains MILLERS POINT, 2000 saw average growth in the long term.
MILLERS POINT, 2000 delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $1,600,000.
Profits due to an upward trend in home prices in MILLERS POINT, 2000 averaged 16.28% per annum over a 3-year period.
This number can mean, real estate investors could earn a rental income of $835 based on current median home prices for the suburb.
The gross rental yield in MILLERS POINT, 2000 is 2.71%.
An average of 3 real estate transactions take place per month in MILLERS POINT which translates to 36 per annum.
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