MITTAGONG ranks 1491st in NSW when it comes to estimated capital gains experienced by property investors over the past three years.
The suburb’s capital gain of 12.87% for the past year is higher than average compared to its 45.22% growth within a five-year period.
Also in MITTAGONG, the median home price is sitting at $1,140,000, and the average rent at $650, this suggests property owners could potentially earn a 2.96% increase in gross rental yield.
Property investors have seen a -1.3% drop in MITTAGONG based on a decrease in median home prices for the past three months.
They believe that homeowners and real estate investors betting on MITTAGONG, 2575 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 12.87%.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 7.03% growth over a ten-year period. It ranks 1922nd on our list of suburbs that property investors should look into.
A steady increase in median property prices over a five-year period in MITTAGONG, 2575 translates to a -19% capital gain.
MITTAGONG, 2575 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 $645,000.
Augmented property values in MITTAGONG are trailing behind the NSW average of 4.69% for the past year.
Real estate investors could earn a rental income of $612.5 based on current median home prices for the suburb.
Home owners selling their properties and realtors in MITTAGONG usually have to wait an average of N/A days before their assets are lifted off the market.
MITTAGONG ranks 123rd on the list of best yielding suburbs for rental properties in NSW, posting a 4.94% return.
MITTAGONG, 2575 places 514th in Australia based on median property value growth during the quarter.