Property investors have seen a 4.9% gain in Greenhills Beach based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains Greenhills Beach, 2230 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 $3,750,000
Profits averaged 0% per annum over a 3-year period, due to an upward trend in home prices in Greenhills Beach, 2230.
This means, real estate investors could earn a rental income of N/A based on current median home prices for the suburb.
The gross rental yield in Greenhills Beach, 2230 is N/A.
An average of 1.5 real estate transactions take place per month in Greenhills Beach which translates to 18 per annum.