Property investors have seen a 3.8% gain in COMO based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on COMO, 2226 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 13.02%.
Based on its average 5-year and quarterly capital gains COMO, 2226 saw average growth in the long term.
The NSW suburb also 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 $1,910,000
Profits averaged 7% per annum over a 3-year period, due to an upward trend in home prices in COMO, 2226.
This means, real estate investors could earn a rental income of $1000 based on current median home prices for the suburb.
The gross rental yield in COMO, 2226 is 2.72%.
An average of 3.25 real estate transactions take place per month in COMO which translates to 39 per annum.