Based on its average 5-year and quarterly capital gains BARRACK HEIGHTS, 2528 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that BARRACK HEIGHTS, 2528 obtained a 7.93% growth over a ten-year period. It ranks 574th on our list of suburbs that property investors should look into.
BARRACK HEIGHTS, 2528 in NSW belongs to the local government area of Shellharbour.
BARRACK HEIGHTS, 2528 has a capital gain of 10.57% for the past year, which is lower than average compared to its 79.1% growth within a five-year period.
With the median home price in BARRACK HEIGHTS sitting at $606,500, and the average rent at $450, property owners could potentially earn a 3.86% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in BARRACK HEIGHTS are low, as opposed to average gains per annum over the past five years.
Property investors enjoyed capital gains of 6.91% over the last 12 months in BARRACK HEIGHTS, translating to lower returns compared with its peers in NSW.
BARRACK HEIGHTS, 2528 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 $387,000.
Profits due to an upward trend in home prices in BARRACK HEIGHTS, 2528 averaged 13.58% per annum over a 3-year period.
Home owners selling their properties and realtors in BARRACK HEIGHTS usually have to wait an average of 62.1 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the $350 mark, reflecting a 4.7% increase in returns based on the current median price in BARRACK HEIGHTS.
BARRACK HEIGHTS, 2528 places 136th in Australia based on median property value growth during the quarter.