Property value increases in Russell Lea have tracked close to the NSW average of 7.15% over the last 12 months.
While Russell Lea,2046 ranked number 823th in NSW for increase in median house value (annualised) increase, it is ranked 242th over the last 5 years.
Vendor discounting in Russell Lea is giving property investors an average Vendor Discount of around -5.58%. This puts suburb at number 496th in NSW when ranking the most discounted suburbs.
The NSW suburb of Russell Lea, 2046 is in the Canada Bay local government area.
Over the last year, property investments in Russell Lea, 2046 have given investors a capital gain of 7.19%. This compares averagely with the 6.59% for NSW as a whole.
Comparing Russell Lea,2046 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Russell Lea2046 is located in NSW which offers an average discount of -4.48% to property investors. Russell Lea itself is showing figures that indicate -3.17% is the average achievable by property buyers investing in the suburb.
Advertised rents are around the $525 mark per week – giving a return of 3.33% based on the median price in Suburb