With a capital gain of 11.70% for the last 12 months, Mcmahons Point, 2060 has performed for property investments than its average annual 11.73% property growth over the last 5 years.
Mcmahons Point,2060 was ranked 32 in Australia by increase in median property value over the quarter.
A $1000 per week rent on the median house gives suburb investors a gross yield of circa 1.77%, without taking into account capital value appreciation, which has been averaging out at 11.73%.
Mcmahons Point, 2060 ranked 487th 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.
At number 392th of NSW’s most discounted properties, Mcmahons Point is in the TOP 20% of the state/territory when listing in order of most discounted to least.
At number 22 in a list of fastest selling suburbs, Mcmahons Point is in the TOP 10% of suburbs in Australia with an average of days on market 25 for properties listed there.
Property investors should expect to get $595 weekly from the median priced house in this suburb.