Property investors enjoyed capital gains of 28.33% over the last 12 months in POINT FREDERICK, translating to lower returns compared with its peers in NSW.
Figures from the previous quarter show that capital gains for real estate buyers in POINT FREDERICK are low, as opposed to average gains per annum over the past five years.
The suburb posted a 48.43% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.
This number can mean, real estate investors could earn a rental income of $685 based on current median home prices for the suburb.
On average, rents on listings have reached the $685 mark, reflecting a 2.31% increase in returns based on the current median price in POINT FREDERICK.
POINT FREDERICK, 2250 ranks 41st in NSW in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 1071st on the list of best yielding suburbs for rental properties in NSW, posting a 2.31% return.
Property investors have seen a 4.8% gain in POINT FREDERICK based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains POINT FREDERICK, 2250 saw average growth in the long term.
POINT FREDERICK, 2250 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 $535,000.
Profits due to an upward trend in home prices in POINT FREDERICK, 2250 averaged 14.86% per annum over a 3-year period.
This number can mean, real estate investors could earn a rental income of $385 based on current median home prices for the suburb.
The gross rental yield in POINT FREDERICK, 2250 is 3.74%.
An average of 5 real estate transactions take place per month in POINT FREDERICK which translates to 60 per annum.
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