Property investment areas to watch and avoid in 2019
Based on her knowledge and experience as a property valuer, investment adviser, market commentator and author, one expert shares some of the...
Property investors enjoyed capital gains of 19.89% over the last 12 months in WILTON, translating to lower returns compared with its peers in NSW.
Figures from the previous quarter show that capital gains for real estate buyers in WILTON are low, as opposed to average gains per annum over the past five years.
The suburb posted a 40% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.
This number can mean, real estate investors could earn a rental income of $570 based on current median home prices for the suburb.
On average, rents on listings have reached the $570 mark, reflecting a 3.26% increase in returns based on the current median price in WILTON.
WILTON, 2571 ranks 97th in NSW in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 708th on the list of best yielding suburbs for rental properties in NSW, posting a 3.26% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $910,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 0% | N/A |
| Median 12 month | 19.89% | N/A |
| Median 3 years | 40% | N/A |
| Median 5 years | 92.69% | N/A |
| 10 years average annual | 8.02% | N/A |
| Weekly media advert. rent | $570 | N/A |
| Time on Market | 67.2 days | N/A |
| Gross Rental Yield Percent | 3.26% | N/A |
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