Property investors enjoyed capital gains of 35.25% over the last 12 months in RHODES, translating to lower returns compared with its peers in NSW.
A survey of average capital gains or median home price increase in suburbs across the country shows that the NSW suburb obtained a 13.55% growth over a ten-year period. It ranks 3191st on our list of suburbs that property investors should look into.
RHODES, 2138 has a capital gain of 35.25% for the past year, which is lower than average compared to its 200.1% growth within a five-year period.
With the median home price in RHODES sitting at $2,535,877, and the average rent at $650, property owners could potentially earn a 1.33% increase in gross rental yield.
A 35.25% increase in median property prices in RHODES, 2138 has allowed this suburb to join the ranks of best performing suburbs in NSW, settling at number 34th.
RHODES, 2138 in NSW belongs to the local government area of Canada Bay.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||35.25%||2.63%|
|Median 3 years||51.4%||32.65%|
|Median 5 years||200.1%||46.27%|
|10 years average annual||13.55%||5.24%|
|Weekly media advert. rent||$650||$650|
|Time on Market||0.0 days||68.5 days|
|Gross Rental Yield Percent||1.33%||3.85%|