Rushcutters Bay is in the bottom 10% in NSW when comparing median price capital growth over the last year. Rushcutters Bay gave property investors a dismal capital gain figure when compared to the rest of the state, with -8.92%.
While Rushcutters Bay,2011 ranked number 442th in NSW for increase in median house value (annualised) increase, it is ranked 74th over the last 5 years.
LACK OF BUYER INTEREST may well be the reason that Rushcutters Bay is offering property investors an average of -4.23. This rate of discount on properties puts Suburb at number 141th in terms of most discounted suburbs in NSW
Rushcutters Bay, 2011’s gross rental yield is 4.19%