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Based on its average 5-year and quarterly capital gains MILSONS POINT, 2061 saw average growth in the long term.
Besides that, the Australian suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.
Profits due to an upward trend in home prices in MILSONS POINT, 2061 averaged 10.92% per annum over a 3-year period.
Average weekly rents on listings have reached the $750 mark, reflecting a 1.7% increase in returns based on the current median price in MILSONS POINT.
An average of 6.75 real estate transactions take place per month in MILSONS POINT which translates to 81 per annum.
81 properties were sold in MILSONS POINT during the past year, making it the 30th most active market in NSW based on total real estate transactions.
MILSONS POINT, 2061 places 520th in Australia based on median property value growth during the quarter.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||N/A||13.58%|
|Median 3 years||N/A||32.76%|
|Median 5 years||N/A||18.86%|
|10 years average annual||N/A||10.67%|
|Weekly media advert. rent||N/A||$750|
|Time on Market||N/A||59.6 days|
|Gross Rental Yield Percent||N/A||1.7%|