Property investment areas to watch and avoid in 2019
Based on her knowledge and experience as a property valuer, investment adviser, market commentator and author, one expert shares some of the...
A survey of average capital gains or median home price increase in suburbs across the country shows that the NSW suburb obtained a 7.07% growth over a ten-year period. It ranks 950th on our list of suburbs that property investors should look into.
PEAKHURST HEIGHTS, 2210 has a capital gain of -9.51% for the past year, which is lower than average compared to its 51.59% growth within a five-year period.
With the median home price in PEAKHURST HEIGHTS sitting at $1,190,000, and the average rent at $657.5, property owners could potentially earn a 2.87% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in PEAKHURST HEIGHTS are low, as opposed to average gains per annum over the past five years.
PEAKHURST HEIGHTS, 2210 in NSW belongs to the local government area of Hurstville.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,190,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -0.83% | N/A |
| Median 12 month | -9.51% | N/A |
| Median 3 years | 17.94% | N/A |
| Median 5 years | 51.59% | N/A |
| 10 years average annual | 7.07% | N/A |
| Weekly media advert. rent | $657.5 | N/A |
| Time on Market | 71.0 days | N/A |
| Gross Rental Yield Percent | 2.87% | N/A |
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