Summerland Point

Homeowners and real estate investors betting on SUMMERLAND POINT, 2259 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 35.71%.

A steady increase in median property prices over a five-year period in the suburb translates to a 34.51% capital gain.

Property investors in SUMMERLAND POINT enjoyed capital gains of 35.71% over the last 12 months translating to lower returns compared with its peers in the territory.

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $760,000.

Profits due to an upward trend in home prices there averaged 11.5% per annum over a 3-year period.

Home owners selling their properties and realtors in SUMMERLAND POINT usually have to wait an average of 37.3 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $470 mark, reflecting a 3.22% increase in returns based on the current median price in SUMMERLAND POINT.

SUMMERLAND POINT, 2259 places 111th in Australia based on median property value growth during the quarter.