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Property investors enjoyed capital gains of 15.54% over the last 12 months in HIGHFIELDS, translating to lower returns compared with its peers in NSW.
The suburb posted a 0.81% 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 $450 based on current median home prices for the suburb.
On average, rents on listings have reached the $450 mark, reflecting a 3.12% increase in returns based on the current median price in HIGHFIELDS.
HIGHFIELDS, 2289 ranks 260th in NSW in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 730th on the list of best yielding suburbs for rental properties in NSW, posting a 3.12% return.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||15.54%||N/A|
|Median 3 years||0.81%||N/A|
|Median 5 years||N/A||N/A|
|10 years average annual||8.64%||N/A|
|Weekly media advert. rent||$450||N/A|
|Time on Market||0.0 days||N/A|
|Gross Rental Yield Percent||3.12%||N/A|