Matraville is in the TOP 20% in NSW when comparing median price capital growth over the last year. Matraville gave property investors a very good capital gain figure when compared to the rest of the state, with 14.29%.
When looking at the potential capital gains offered to property investors over the last 3 years, Matraville comes in at number 73th in NSW.
LACK OF BUYER INTEREST may well be the reason that Matraville is offering property investors an average of -5.49. This rate of discount on properties puts Suburb at number 30th in terms of most discounted suburbs in NSW
Renters in Suburb are facing rents around $10050 per annum or $837.5 every week.
Investment property in Matraville has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -0.26%
Taking the average capital gain, or increase in median house value, Matraville,2036 has racked up an average of -0.26% over the period. This ranks it number 652th in the whole country for real estate investors looking at median house price increases.
A $560 per week rent on the median house gives suburb investors a gross yield of circa 3.86%, without taking into account capital value appreciation, which has been averaging out at 6.47%.