With a capital gain of 16.00% for the last 12 months, Allambie Heights, 2100 has performed for property investments than its average annual 8.55% property growth over the last 5 years.
While Allambie Heights,2100 ranked number 226th in NSW for increase in median house value (annualised) increase, it is ranked 146th over the last 5 years.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.49% offered to property buyers. Sellers in Allambie Heights itself are offering an average vendor discount of -4.13% to real estate investors.
Often selling an investment property can take time, and in Allambie Heights the average time real estate has been on the market is 25.14 days.
With the median price for a house in Allambie Heights being $1595000 and the advertised rent reaching $937.5 the gross rental yield for property investors calculates out to be 3.06%
When looking at the potential capital gains offered to property investors over the last 3 years, Allambie Heights comes in at number 36th in NSW.
Advertised rents are around the $650 mark per week – giving a return of 3.31% based on the median price in Suburb