SOUTH HURSTVILLE ranks 1231st in NSW when it comes to estimated capital gains experienced by property investors over the past three years.
The suburb’s capital gain of -9.34% for the past year is lower than average compared to its 66.49% growth within a five-year period.
Also in SOUTH HURSTVILLE, the median home price is sitting at $1,282,000, and the average rent at $605, this suggests property owners could potentially earn a 2.45% increase in gross rental yield.
Property investors have seen a -3.97% drop in SOUTH HURSTVILLE 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 8.29% growth over a ten-year period. It ranks 419th on our list of suburbs that property investors should look into.
A steady increase in median property prices over a five-year period in SOUTH HURSTVILLE, 2221 translates to a 15.42% capital gain.
SOUTH HURSTVILLE, 2221 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 $722,500.
Augmented property values in SOUTH HURSTVILLE are trailing behind the NSW average of 4.18% for the past year.
Real estate investors could earn a rental income of $500 based on current median home prices for the suburb.
Home owners selling their properties and realtors in SOUTH HURSTVILLE usually have to wait an average of 80.7 days days before their assets are lifted off the market.
SOUTH HURSTVILLE ranks 419th on the list of best yielding suburbs for rental properties in NSW, posting a 3.6% return.
SOUTH HURSTVILLE, 2221 places 495th in Australia based on median property value growth during the quarter.