Property investors enjoyed capital gains of 26.32% over the last 12 months in CRACKENBACK, 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 CRACKENBACK, 2627 obtained a 22.7% growth over a ten-year period. It ranks 1102nd on our list of suburbs that property investors should look into.
CRACKENBACK, 2627 has a capital gain of 26.32% for the past year, which is higher than average compared to its 50% growth within a five-year period.
A 26.32% increase in median property prices in CRACKENBACK, 2627 has allowed this suburb to join the ranks of best performing suburbs in NSW, settling at number 40th.
Figures from the previous quarter show that capital gains for real estate buyers in CRACKENBACK are high, as opposed to average gains per annum over the past five years.
CRACKENBACK, 2627 in NSW belongs to the local government area of Snowy River.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||N/A||26.32%|
|Median 3 years||N/A||N/A|
|Median 5 years||N/A||50%|
|10 years average annual||N/A||22.7%|
|Weekly media advert. rent||N/A||N/A|
|Time on Market||N/A||0.0 days|
|Gross Rental Yield Percent||N/A||N/A|