Based on its average 5-year and quarterly capital gains PEAKHURST, 2210 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that PEAKHURST, 2210 obtained a 8.66% growth over a ten-year period. It ranks 291st on our list of suburbs that property investors should look into.
PEAKHURST, 2210 in NSW belongs to the local government area of Hurstville.
PEAKHURST, 2210 has a capital gain of 2.88% for the past year, which is lower than average compared to its 75.09% growth within a five-year period.
With the median home price in PEAKHURST sitting at $1,160,000, and the average rent at $580, property owners could potentially earn a 2.6% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in PEAKHURST are low, as opposed to average gains per annum over the past five years.
A steady increase in median property prices over a five-year period in PEAKHURST, 2210 translates to a 8.37% capital gain.
Property investors enjoyed capital gains of 3.56% over the last 12 months in PEAKHURST, translating to lower returns compared with its peers in NSW.
PEAKHURST, 2210 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 $699,000.
Profits due to an upward trend in home prices in PEAKHURST, 2210 averaged 2.79% per annum over a 3-year period.
Home owners selling their properties and realtors in PEAKHURST usually have to wait an average of 68.3 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the $550 mark, reflecting a 4.09% increase in returns based on the current median price in PEAKHURST.
PEAKHURST, 2210 places 267th in Australia based on median property value growth during the quarter.