Investment property in Millers Point has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 17.76%
In the last year 24 properties changed hands in Millers Point, which puts it as the 1053th most active market in NSW when comparing the number of sales per suburb.
Millers Point, 2000’s gross rental yield is 2.16%
NSW has seen average median house prices change by 5.88% which means that Millers Point, 2000 has done well for property investors by showing a capital gain of 6.75% over the last year
Taking the average capital gain, or increase in median house value, Millers Point,2000 has racked up an average of 6.75% over the period. This ranks it number 9th in the whole country for real estate investors looking at median house price increases.
The most recent median price for Millers Point is $1660000, with sellers offering an average of -3.31% off the asking price.
Residents and property investors in Millers Point have been waiting around 60.07 days to sell a property.