Investment property in Russell Lea has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 10.31%
Comparing Russell Lea,2046 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
At number 170th of NSW’s most discounted properties, Russell Lea is in the bottom 20% of the state/territory when listing in order of most discounted to least.
Renters in Suburb are facing rents around $9120 per annum or $760 every week.
When looking at the potential capital gains offered to property investors over the last 3 years, Russell Lea comes in at number 344th in NSW.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Russell Lea, 2046. Typically our figures indicate that -2.92% is being offered, which puts this NSW suburb at 1323th most discounted overall in Australia.
On average over the past year, suburb has had 2.25 sales per month, which equates to 27 per year.
Situated 6.31km from the CBD, Russell Lea is one of Canada Bay localities in the postcode 2046.