Property investors enjoyed capital gains of 2.06% over the last 12 months in MANGERTON, translating to lower returns compared with its peers in NSW.
Figures from the previous quarter show that capital gains for real estate buyers in MANGERTON are low, as opposed to average gains per annum over the past five years.
The suburb posted a 9% 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 $790 based on current median home prices for the suburb.
On average, rents on listings have reached the $790 mark, reflecting a 3.02% increase in returns based on the current median price in MANGERTON.
MANGERTON, 2500 ranks 946th in NSW in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 665th on the list of best yielding suburbs for rental properties in NSW, posting a 3.02% return.
Property investors have seen a 2.97% gain in MANGERTON based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains MANGERTON, 2500 saw average growth in the long term.
MANGERTON, 2500 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 $607,500.
Profits due to an upward trend in home prices in MANGERTON, 2500 averaged 3.48% per annum over a 3-year period.
This number can mean, real estate investors could earn a rental income of $650 based on current median home prices for the suburb.
The gross rental yield in MANGERTON, 2500 is 5.56%.
An average of 1 real estate transactions take place per month in MANGERTON which translates to 12 per annum.