Property investors enjoyed capital gains of 4.53% over the last 12 months in MANGERTON, translating to lower returns compared with its peers in NSW.
The suburb posted a 54.43% growth in median prices over a three-year period. This is considerably higher than the gains it recorded over the past year.
This number can mean, real estate investors could earn a rental income of $620 based on current median home prices for the suburb.
On average, rents on listings have reached the $620 mark, reflecting a 3.93% increase in returns based on the current median price in MANGERTON.
MANGERTON, 2500 ranks 1086th in NSW in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 414th on the list of best yielding suburbs for rental properties in NSW, posting a 3.93% return.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||4.53%||46.41%|
|Median 3 years||54.43%||98.65%|
|Median 5 years||64.33%||192.83%|
|10 years average annual||5.29%||13.76%|
|Weekly media advert. rent||$620||$350|
|Time on Market||61.9 days||57.6 days|
|Gross Rental Yield Percent||3.93%||2.48%|