Canberra Now Boasts A 7-figure Median House Price
With double-digit growth and the steepest price acceleration in almost three decades, Canberra continues to dominate the...
Property investors enjoyed capital gains of 11.25% over the last 12 months in RODD POINT, translating to lower returns compared with its peers in NSW.
Figures from the previous quarter show that capital gains for real estate buyers in RODD POINT 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 $800 based on current median home prices for the suburb.
On average, rents on listings have reached the $800 mark, reflecting a 1.89% increase in returns based on the current median price in RODD POINT.
RODD POINT, 2046 ranks 568th in NSW in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 1116th on the list of best yielding suburbs for rental properties in NSW, posting a 1.89% return.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||11.25%||N/A|
|Median 3 years||-16.67%||N/A|
|Median 5 years||18.53%||N/A|
|10 years average annual||6.4%||N/A|
|Weekly media advert. rent||$800||N/A|
|Time on Market||0.0 days||N/A|
|Gross Rental Yield Percent||1.89%||N/A|