The post-budget guide to commercial property investing

Figtree

POSTAL CODE: NSW, 2525
HOUSE
UNIT

Property investors enjoyed capital gains of 11.7% over the last 12 months in FIGTREE, translating to higher returns compared with its peers in NSW.

A survey of average capital gains or median home price increase in suburbs across the country shows that the NSW suburb obtained a 6.96% growth over a ten-year period. It ranks 2028th on our list of suburbs that property investors should look into.

FIGTREE, 2525 has a capital gain of 11.7% for the past year, which is higher than average compared to its 40.91% growth within a five-year period.

With the median home price in FIGTREE sitting at $1,228,750, and the average rent at $780, property owners could potentially earn a 3.3% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in FIGTREE are low, as opposed to average gains per annum over the past five years.

FIGTREE, 2525 in NSW belongs to the local government area of Wollongong.

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