Property value increases in Mosman have tracked close to the NSW average of 6.38% over the last 12 months.
Taking the average capital gain, or increase in median house value, Mosman,2088 has racked up an average of 7.58% over the period. This ranks it number 772th in the whole country for real estate investors looking at median house price increases.
Property investors looking for a bargain in Mosman should be aiming for at least -8.22% off the asking price, which is the average vendor discount being achieved at the moment.
Mosman, 2088’s gross rental yield is 2.58%
Over the last year, property investments in Mosman, 2088 have given investors a capital gain of 24.43%. This compares very favourably with the 5.59% for NSW as a whole.
While Mosman,2088 ranked number 35th in NSW for increase in median house value (annualised) increase, it is ranked 69th over the last 5 years.
Our latest figures would indicate that property sellers in Mosman are currently offering property investors an average price cut of -3.93% below the asking price at the moment.
Renters in Suburb are facing rents around $7140 per annum or $595 every week.