NSW has seen average median house prices change by 9.74% which means that Allambie Heights, 2100 has done well for property investors by showing a capital gain of 16.16% over the last year
Allambie Heights,2100 has offered an average of 16.16% return per annum in house price rises to property investors over the last three years.
Our latest figures would indicate that property sellers in Allambie Heights are currently offering property investors an average price cut of -3.04% below the asking price at the moment.
Often selling an investment property can take time, and in Allambie Heights the average time real estate has been on the market is 20.56 days.
A $975 per week rent on the median house gives suburb investors a gross yield of circa 3.13%, without taking into account capital value appreciation, which has been averaging out at 8.74%.
While Allambie Heights,2100 ranked number 245th in NSW for increase in median house value (annualised) increase, it is ranked 504th over the last 5 years.
With the median price for a house in Allambie Heights being $1040000 and the advertised rent reaching $620 the gross rental yield for property investors calculates out to be 3.10%