With a capital gain of 6.33% for the last 12 months, Russell Lea, 2046 has performed for property investments than its average annual 7.78% property growth over the last 5 years.
Over the longer term, Russell Lea has seen property prices show investors a 40.08% return over the last 3 years. This is worse than over the last 12 months
Russell Lea2046 is located in NSW which offers an average discount of -5.55% to property investors. Russell Lea itself is showing figures that indicate -7.70% is the average achievable by property buyers investing in the suburb.
If you compare the increase in value of investment property in Russell Lea, 2046 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 11.84%.
While Russell Lea,2046 ranked number 87th in NSW for increase in median house value (annualised) increase, it is ranked 190th over the last 5 years.
The most recent median price for Russell Lea is $850000, with sellers offering an average of -3.15% off the asking price.
Situated 6.32km from the CBD, Russell Lea is one of Canada Bay localities in the postcode 2046.