NSW has seen average median house prices change by 10.91% which means that Winston Hills, 2153 has done well for property investors by showing a capital gain of 18.88% over the last year
Taking the average capital gain, or increase in median house value, Winston Hills,2153 has racked up an average of 18.88% over the period. This ranks it number 201th in the whole country for real estate investors looking at median house price increases.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.32% offered to property buyers. Sellers in Winston Hills itself are offering an average vendor discount of -4.35% to real estate investors.
Often selling an investment property can take time, and in Winston Hills the average time real estate has been on the market is 22.04 days.
A $530 per week rent on the median house gives suburb investors a gross yield of circa 3.25%, without taking into account capital value appreciation, which has been averaging out at 6.22%.
At number 630th in the list of Australian suburbs ordered by increase in median house value over the last year, Winston Hills, 2153 is in the top 40% with a property value increase of 7.11% recorded in median house prices.
When looking at the potential capital gains offered to property investors over the last 3 years, Winston Hills comes in at number 479th in NSW.
Advertised rents are around the $505 mark per week – giving a return of 10.26% based on the median price in Suburb