With a capital gain of -4.51% for the last 12 months, Rushcutters Bay, 2011 has performed for property investments than its average annual 7.19% property growth over the last 5 years.
Over the longer term, Rushcutters Bay has seen property prices show investors a 43.50% return over the last 3 years. This is worse than over the last 12 months
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Rushcutters Bay, 2011. Typically our figures indicate that -4.88% is being offered, which puts this NSW suburb at 753th most discounted overall in Australia.
Renters in Suburb are facing rents around $6000 per annum or $500 every week.