Property investors have seen a 6.36% gain in COMO based on an increase in median home prices for the past three months.
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 $1,840,000
Profits averaged 5.33% 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 $985 based on current median home prices for the suburb.
The gross rental yield in COMO, 2226 is 2.78%.
An average of 2.92 real estate transactions take place per month in COMO which translates to 35 per annum.