The post-budget guide to commercial property investing

Mount Annan

POSTAL CODE: NSW, 2567
HOUSE

A steady increase in median property prices over a five-year period in the suburb translates to a 24.18% capital gain.

Property investors in MOUNT ANNAN enjoyed capital gains of 8.35% over the last 12 months translating to higher returns compared with its peers in the territory.

The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $1,232,500.

Profits due to an upward trend in home prices there averaged 8.06% per annum over a 3-year period.

Home owners selling their properties and realtors in MOUNT ANNAN usually have to wait an average of 21.1 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $750 mark, reflecting a 3.16% increase in returns based on the current median price in MOUNT ANNAN.

MOUNT ANNAN, 2567 places 694th in Australia based on median property value growth during the quarter.

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