Property investments in BREAKFAST POINT did not fare well against the rest of the country last year, registering a median home price decrease of -1.2%.
Figures from the previous quarter show that capital gains for real estate buyers in BREAKFAST POINT are low, as opposed to average gains per annum over the past five years.
Based on its average 5-year and quarterly capital gains BREAKFAST POINT, 2137 saw average growth in the long term.
This means, real estate investors could earn a rental income of $860 based on current median home prices for the suburb.
It is expected for properties to spend some time on the market prior to a successful sale. In BREAKFAST POINT, homes and units usually stay on listing for an average of 44.9 days.
the NSW suburb also 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 $1,437,500
Investors saw the median home price rise to $1,437,500.
BREAKFAST POINT ranks 546th on the list of best yielding suburbs for rental properties in NSW, posting a 3.11% return.