A steady increase in median property prices over a five-year period in the suburb translates to a -3.43% capital gain.
Property investors in SUNDERLAND BAY enjoyed capital gains of 3.52% over the last 12 months translating to lower returns compared with its peers in the territory.
The suburb also 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 $647,000.
Profits due to an downward trend in home prices there averaged -1.14% per annum over a 3-year period.
Home owners selling their properties and realtors in SUNDERLAND BAY usually have to wait an average of N/A days before their assets are lifted off the market.
Average weekly rents on listings have reached the $500 mark, reflecting a 4.02% increase in returns based on the current median price in SUNDERLAND BAY.
SUNDERLAND BAY, 3922 places 336th in Australia based on median property value growth during the quarter.