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Property investors enjoyed capital gains of 18.06% over the last 12 months in WETHERILL PARK, translating to lower returns compared with its peers in NSW.
Figures from the previous quarter show that capital gains for real estate buyers in WETHERILL PARK are low, as opposed to average gains per annum over the past five years.
This number can mean, real estate investors could earn a rental income of $475 based on current median home prices for the suburb.
On average, rents on listings have reached the $475 mark, reflecting a 2.8% increase in returns based on the current median price in WETHERILL PARK.
WETHERILL PARK, 2164 ranks 190th in NSW in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 866th on the list of best yielding suburbs for rental properties in NSW, posting a 2.8% return.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||18.06%||N/A|
|Median 3 years||-0.62%||N/A|
|Median 5 years||17.43%||N/A|
|10 years average annual||7.52%||N/A|
|Weekly media advert. rent||$475||N/A|
|Time on Market||0.0 days||N/A|
|Gross Rental Yield Percent||2.8%||N/A|