With a capital gain of 4.09% for the last 12 months, Randwick, 2031 has performed for property investments than its average annual 8.65% property growth over the last 5 years.
Across a shorter period, Randwick, 2031 has seen a median price increase of -0.73% over the last quarter.
Property buyers and investors in Randwick 2031 should be seeing an average reduction in asking price of around -7.31% . This means that Randwick is holding prices well when compared to other suburbs in NSW.
A $1100 per week rent on the median house gives suburb investors a gross yield of circa 2.50%, without taking into account capital value appreciation, which has been averaging out at 8.65%.
Randwick, 2031 ranked 167th in NSW when comparing growth in median property values or capital gain over the last 12 months. Randwick is one of 3163 in our list for NSW
Over the longer term, Randwick has seen property prices show investors a 35.11% return over the last 3 years. This is worse than over the last 12 months
At number 375th of NSW’s most discounted properties, Randwick is in the TOP 30% of the state/territory when listing in order of most discounted to least.
A $610 per week rent on the median house gives suburb investors a gross yield of circa 3.58%, without taking into account capital value appreciation, which has been averaging out at 7.15%.