Menangle

Homeowners and real estate investors betting on MENANGLE, 2568 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 45.11%.

A steady increase in median property prices over a five-year period in the suburb translates to a 40.53% capital gain.

Property investors in MENANGLE enjoyed capital gains of 45.11% 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 $1,335,000.

Profits due to an upward trend in home prices there averaged 13.51% per annum over a 3-year period.

Home owners selling their properties and realtors in MENANGLE usually have to wait an average of 57.3 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $800 mark, reflecting a 3.12% increase in returns based on the current median price in MENANGLE.

MENANGLE, 2568 places 118th in Australia based on median property value growth during the quarter.