Property investors enjoyed capital gains of 31.88% over the last 12 months in FRESHWATER, translating to lower returns compared with its peers in NSW.
Figures from the previous quarter show that capital gains for real estate buyers in FRESHWATER are low, as opposed to average gains per annum over the past five years.
The suburb posted a 67.52% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.
This number can mean, real estate investors could earn a rental income of $1375 based on current median home prices for the suburb.
On average, rents on listings have reached the $1375 mark, reflecting a 2.72% increase in returns based on the current median price in FRESHWATER.
FRESHWATER, 2096 ranks 42nd in NSW in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 913th on the list of best yielding suburbs for rental properties in NSW, posting a 2.72% return.
Property investors have seen a 0.12% gain in FRESHWATER based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on FRESHWATER, 2096 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 11.51%.
Based on its average 5-year and quarterly capital gains FRESHWATER, 2096 saw average growth in the long term.
FRESHWATER, 2096 delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $867,000.
Profits due to an upward trend in home prices in FRESHWATER, 2096 averaged 14% per annum over a 3-year period.
This number can mean, real estate investors could earn a rental income of $592.5 based on current median home prices for the suburb.
The gross rental yield in FRESHWATER, 2096 is 3.55%.
An average of 12.42 real estate transactions take place per month in FRESHWATER which translates to 149 per annum.
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