Property investors enjoyed capital gains of 21.73% over the last 12 months in MENANGLE PARK, translating to lower 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 9.91% growth over a ten-year period. It ranks 40th on our list of suburbs that property investors should look into.
MENANGLE PARK, 2563 has a capital gain of 21.73% for the past year, which is higher than average compared to its 86.72% growth within a five-year period.
With the median home price in MENANGLE PARK sitting at $745,000, and the average rent at $750, property owners could potentially earn a 5.23% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in MENANGLE PARK are low, as opposed to average gains per annum over the past five years.
MENANGLE PARK, 2563 in NSW belongs to the local government area of Campbelltown (NSW).