If you compare the increase in value of investment property in Neutral Bay, 2089 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this NSW suburb was 3.24%.
A 84.87% growth in median value for property investors in Neutral Bay,2089 puts this suburb at number 886th in terms of best performing suburbs in NSW
A $975 per week rent on the median house gives suburb investors a gross yield of circa 2.30%, without taking into account capital value appreciation, which has been averaging out at 9.76%.
Neutral Bay is in the bottom 40% in NSW when comparing median price capital growth over the last year. Neutral Bay gave property investors a disappointing capital gain figure when compared to the rest of the state, with 0.86%.
When looking at the potential capital gains offered to property investors over the last 3 years, Neutral Bay comes in at number 409th 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 Neutral Bay, 2089. Typically our figures indicate that -4.61% is being offered, which puts this NSW suburb at 901th most discounted overall in Australia.
A $590 per week rent on the median house gives suburb investors a gross yield of circa 3.49%, without taking into account capital value appreciation, which has been averaging out at 6.85%.