Giving property investors a an average capital gain of 4.41% for the last year, Matraville, 2036 is the 2420th 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.
Matraville, 2036 is offering NSW ‘s 118th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 10% of discounts offered by this NSW.
In the last year 88 properties changed hands in Matraville, which puts it as the 352th most active market in NSW when comparing the number of sales per suburb.
Advertised rents are around the $900 mark per week – giving a return of 2.64% based on the median price in Suburb
Over the last year, property investments in Matraville, 2036 have given investors a capital gain of 1.11%. This compares very badly with the 8.63% for NSW as a whole.
Matraville,2036 has offered an average of 1.11% return per annum in house price rises to property investors over the last three years.
A $600 per week rent on the median house gives suburb investors a gross yield of circa 4.04%, without taking into account capital value appreciation, which has been averaging out at 6.81%.