ST HUBERTS ISLAND, 2257 delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.
Average median house prices in NSW have risen as a whole, pulling ST HUBERTS ISLAND, 2257 values up and netting property investors a capital gain of 8.33% for the past year.
Investors saw the median home price rise to $1,300,000.
Profits due to an upward trend in home prices in the suburb averaged 2.1% per annum over a 3-year period.
ST HUBERTS ISLAND now ranks at the 191st place on a list of fastest growing suburbs in the territory.
Figures from the previous quarter show that capital gains for real estate buyers in ST HUBERTS ISLAND are low, as opposed to average gains per annum over the past five years.
Because of this real estate investors could earn a rental income of $590 based on current median home prices.
Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In ST HUBERTS ISLAND, homes and units usually stay on listing for an average of 93.1 days.
In 2016, 25 properties were sold in ST HUBERTS ISLAND during the past year, making it the 764th most active market in NSW based on total real estate transactions.