Clontarf has had a quite poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of 1.94% to date .
Across a shorter period, Clontarf, 2093 has seen a median price increase of 0.57% over the last quarter.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.53% offered to property buyers. Sellers in Clontarf itself are offering an average vendor discount of -5.94% to real estate investors.
A $1470 per week rent on the median house gives suburb investors a gross yield of circa 2.91%, without taking into account capital value appreciation, which has been averaging out at 3.94%.