Property investors enjoyed capital gains of 31.52% 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 $1097.5 based on current median home prices for the suburb.
On average, rents on listings have reached the $1097.5 mark, reflecting a 2.05% increase in returns based on the current median price in MILLERS POINT.
MILLERS POINT, 2000 ranks 45th in NSW in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 1119th on the list of best yielding suburbs for rental properties in NSW, posting a 2.05% return.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||31.52%||-19.36%|
|Median 3 years||N/A||18.89%|
|Median 5 years||N/A||70.8%|
|10 years average annual||9.87%||10.43%|
|Weekly media advert. rent||$1097.5||$875|
|Time on Market||0.0 days||50.2 days|
|Gross Rental Yield Percent||2.05%||3.14%|