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Potts Point

Suburb Profile

Potts Point - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2011

unit

Property investors enjoyed capital gains of 8.57% over the last 12 months in POTTS POINT, 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 POTTS POINT, 2011 obtained a 8.98% growth over a ten-year period. It ranks 29th on our list of suburbs that property investors should look into.

POTTS POINT, 2011 has a capital gain of 8.57% for the past year, which is higher than average compared to its 40.74% growth within a five-year period.

With the median home price in POTTS POINT sitting at $760,000, and the average rent at $550, property owners could potentially earn a 3.76% increase in gross rental yield.

A 8.57% increase in median property prices in POTTS POINT, 2011 has allowed this suburb to join the ranks of best performing suburbs in NSW, settling at number 84th.

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

POTTS POINT, 2011 in NSW belongs to the local government area of Sydney (C).

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price N/A $760,000
GROWTH REPORT
Median Quarterly N/A 0.33%
Median 12 month N/A 8.57%
Median 3 years N/A 0.43%
Median 5 years N/A 40.74%
10 years average annual N/A 8.98%
Weekly media advert. rent N/A $550
Time on Market N/A 66.9 days
Gross Rental Yield Percent N/A 3.76%
demographics (median values)
Total Population
6879
Weekly Household Income
1131
Household Size
1.50
demographics
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