Property investors who have had real estate in Mcmahons Point, 2060 should be pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 40.10%
While Mcmahons Point,2060 ranked number 171th in NSW for increase in median house value (annualised) increase, it is ranked 247th over the last 5 years.
Renters in Suburb are facing rents around $14370 per annum or $1197.5 every week.
Mcmahons Point, 2060 ranked 12th in NSW when comparing growth in median property values or capital gain over the last 12 months. Mcmahons Point is one of 3163 in our list for NSW
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Mcmahons Point has increased when compared to the 5 year average annual rate.
Using the current median advertised rental of $565 and the average annual increase in value of a median property of 10.60%, investors should hope to achieve an overall return of 2.25%