Based on its average 5-year and quarterly capital gains MCMAHONS POINT, 2060 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that MCMAHONS POINT, 2060 obtained a 14.08% growth over a ten-year period. It ranks 3133rd on our list of suburbs that property investors should look into.
MCMAHONS POINT, 2060 in NSW belongs to the local government area of North Sydney.
MCMAHONS POINT, 2060 has a capital gain of 40.1% for the past year, which is higher than average compared to its 86.81% growth within a five-year period.
With the median home price in MCMAHONS POINT sitting at $3,362,500, and the average rent at $1197.5, property owners could potentially earn a 1.85% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in MCMAHONS POINT are low, as opposed to average gains per annum over the past five years.
A 40.1% increase in median property prices in MCMAHONS POINT, 2060 has allowed this suburb to join the ranks of best performing suburbs in NSW, settling at number 13th.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||40.1%||33.06%|
|Median 3 years||46.2%||53.8%|
|Median 5 years||86.81%||119.83%|
|10 years average annual||14.08%||10.6%|
|Weekly media advert. rent||$1197.5||$565|
|Time on Market||0.0 days||0.0 days|
|Gross Rental Yield Percent||1.85%||2.25%|