If you compare the increase in value of investment property in Russell Lea, 2046 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 12.22%.
Over the longer term, Russell Lea has seen property prices show investors a 49.71% return over the last 3 years. This is worse than over the last 12 months
Our latest figures would indicate that property sellers in Russell Lea are currently offering property investors an average price cut of -9.91% below the asking price at the moment.
Property investors should expect to get $850 weekly from the median priced house in this suburb.
Over the last year, property investments in Russell Lea, 2046 have given investors a capital gain of -5.17%. This compares very badly with the 5.88% for NSW as a whole.
Property buyers and investors in Russell Lea 2046 should be seeing an average reduction in asking price of around -2.39% . This means that Russell Lea is holding prices well when compared to other suburbs in NSW.
Advertised rents are around the $530 mark per week – giving a return of 3.49% based on the median price in Suburb