Based on its average 5-year and quarterly capital gains HAY, 2711 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that HAY, 2711 obtained a 4.52% growth over a ten-year period. It ranks 1701st on our list of suburbs that property investors should look into.
HAY, 2711 in NSW belongs to the local government area of Hay.
HAY, 2711 has a capital gain of 46.67% for the past year, which is higher than average compared to its 53.49% growth within a five-year period.
With the median home price in HAY sitting at $165,000, and the average rent at $200, property owners could potentially earn a 6.3% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in HAY are low, as opposed to average gains per annum over the past five years.
A 46.67% increase in median property prices in HAY, 2711 has allowed this suburb to join the ranks of best performing suburbs in NSW, settling at number 5th.