Over the last year, property investments in Matraville, 2036 have given investors a capital gain of 23.31%. This compares very favourably with the 8.99% for NSW as a whole.
A 81.72% growth in median value for property investors in Matraville,2036 puts this suburb at number 306th in terms of best performing suburbs in NSW
With the median price for a house in Matraville being $1640000 and the advertised rent reaching $800 the gross rental yield for property investors calculates out to be 2.54%
Giving property investors a a stable capital gain of 6.16% for the last year, Matraville, 2036 is the 684th highest performer in Australia in this respect.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Matraville has increased when compared to the 5 year average annual rate.
In the last year 50 properties changed hands in Matraville, which puts it as the 255th most active market in NSW when comparing the number of sales per suburb.
Situated 10.46km from the CBD, Matraville is one of Randwick localities in the postcode 2036.