Property investors enjoyed capital gains of 4.36% over the last 12 months in BUTTABA, translating to lower returns compared with its peers in NSW.
A survey of average capital gains or median home price increase in suburbs across the country shows that the NSW suburb obtained a 6.31% growth over a ten-year period. It ranks 1145th on our list of suburbs that property investors should look into.
BUTTABA, 2283 has a capital gain of 4.36% for the past year, which is higher than average compared to its 18.85% growth within a five-year period.
With the median home price in BUTTABA sitting at $550,000, and the average rent at $400, property owners could potentially earn a 3.78% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in BUTTABA are low, as opposed to average gains per annum over the past five years.
BUTTABA, 2283 in NSW belongs to the local government area of Lake Macquarie.