‘Great buying opportunities’ for careful investors looking at new-builds
Situations like Sydney’s Opal Tower fiasco have buyers cautious of the new-build market, but there are bargains to be had for those who ar...
Property investors enjoyed capital gains of 14.68% over the last 12 months in HIGHFIELDS, translating to lower returns compared with its peers in NSW.
Figures from the previous quarter show that capital gains for real estate buyers in HIGHFIELDS are low, as opposed to average gains per annum over the past five years.
The suburb posted a 37.5% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.
On average, rents on listings have reached the N/A mark, reflecting a 0% increase in returns based on the current median price in HIGHFIELDS.
HIGHFIELDS, 2289 ranks 205th in NSW in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 1236th on the list of best yielding suburbs for rental properties in NSW, posting a 0% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $715,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -9.89% | N/A |
| Median 12 month | 14.68% | N/A |
| Median 3 years | 37.5% | N/A |
| Median 5 years | 69.33% | N/A |
| 10 years average annual | 8.77% | N/A |
| Weekly media advert. rent | N/A | N/A |
| Time on Market | 40.5 days | N/A |
| Gross Rental Yield Percent | N/A | N/A |
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