HINCHINBROOK ranks 961st in NSW when it comes to estimated capital gains experienced by property investors over the past three years.
The suburb’s capital gain of 3.47% for the past year is lower than average compared to its 73.26% growth within a five-year period.
Also in HINCHINBROOK, the median home price is sitting at $745,000, and the average rent at $500, this suggests property owners could potentially earn a 3.49% increase in gross rental yield.
Property investors have seen a -0.67% drop in HINCHINBROOK based on a decrease in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 7.91% growth over a ten-year period. It ranks 588th on our list of suburbs that property investors should look into.