Based on its average 5-year and quarterly capital gains ROPES CROSSING, 2760 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 ROPES CROSSING, 2760 obtained a 5.56% growth over a ten-year period. It ranks 2938th on our list of suburbs that property investors should look into.
ROPES CROSSING, 2760 in NSW belongs to the local government area of Blacktown.
ROPES CROSSING, 2760 has a capital gain of 9.2% for the past year, which is higher than average compared to its 45.86% growth within a five-year period.
With the median home price in ROPES CROSSING sitting at $1,021,000, and the average rent at $720, property owners could potentially earn a 3.67% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in ROPES CROSSING are low, as opposed to average gains per annum over the past five years.
A steady increase in median property prices over a five-year period in ROPES CROSSING, 2760 translates to a 14.03% capital gain.
Property investors enjoyed capital gains of 9.45% over the last 12 months in ROPES CROSSING, translating to lower returns compared with its peers in NSW.
ROPES CROSSING, 2760 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 $684,200.
Profits due to an upward trend in home prices in ROPES CROSSING, 2760 averaged 4.68% per annum over a 3-year period.
Home owners selling their properties and realtors in ROPES CROSSING usually have to wait an average of 57 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the $600 mark, reflecting a 4.56% increase in returns based on the current median price in ROPES CROSSING.
ROPES CROSSING, 2760 places 483rd in Australia based on median property value growth during the quarter.