LAKE CATHIE ranks 32nd in NSW when it comes to estimated capital gains experienced by property investors over the past three years.
The suburb’s capital gain of 2.9% for the past year is lower than average compared to its 76.89% growth within a five-year period.
Also in LAKE CATHIE, the median home price is sitting at $957,000, and the average rent at $700, this suggests property owners could potentially earn a 3.8% increase in gross rental yield.
Property investors have seen a 6.04% gain in LAKE CATHIE based on an increase in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 7.71% growth over a ten-year period. It ranks 1444th on our list of suburbs that property investors should look into.
A steady increase in median property prices over a five-year period in LAKE CATHIE, 2445 translates to a 5.95% capital gain.
LAKE CATHIE, 2445 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 $667,500.
Augmented property values in LAKE CATHIE are trailing behind the NSW average of 4.55% for the past year.
Real estate investors could earn a rental income of $480 based on current median home prices for the suburb.
Home owners selling their properties and realtors in LAKE CATHIE usually have to wait an average of N/A days before their assets are lifted off the market.
LAKE CATHIE ranks 435th on the list of best yielding suburbs for rental properties in NSW, posting a 3.74% return.
LAKE CATHIE, 2445 places 130th in Australia based on median property value growth during the quarter.