Property investors who have had real estate in Summer Hill, 2130 should be relatively unhappy with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -0.56%
Taking the average capital gain, or increase in median house value, Summer Hill,2130 has racked up an average of -0.56% over the period. This ranks it number 883th in the whole country for real estate investors looking at median house price increases.
Summer Hill2130 is located in NSW which offers an average discount of -5.49% to property investors. Summer Hill itself is showing figures that indicate -5.90% is the average achievable by property buyers investing in the suburb.
Property investors should expect to get $735 weekly from the median priced house in this suburb.
If you compare the increase in value of investment property in Summer Hill, 2130 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 2.08%.
The five-year average increase in median property values for Summer Hill,2130 has given property investors a potential capital gain of 40.80% across each of those five years.
At number 238th of NSW’s most discounted properties, Summer Hill is in the middle of the state/territory when listing in order of most discounted to least.
Often selling an investment property can take time, and in Summer Hill the average time real estate has been on the market is 54 days.
Summer Hill, 2130’s gross rental yield is 3.40%