Over the last year, property investments in Summer Hill, 2130 have given investors a capital gain of -3.17%. This compares very badly with the 6.38% for NSW as a whole.
When looking at the potential capital gains offered to property investors over the last 3 years, Summer Hill comes in at number 266th in NSW.
Property buyers and investors in Summer Hill 2130 should be seeing an average reduction in asking price of around -4.60% . This means that Summer Hill is holding prices well when compared to other suburbs in NSW.
Using the current median advertised rental of $697.5 and the average annual increase in value of a median property of 8.67%, investors should hope to achieve an overall return of 2.50%
If you compare the increase in value of investment property in Summer Hill, 2130 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this NSW suburb was -2.80%.
Taking the average capital gain, or increase in median house value, Summer Hill,2130 has racked up an average of -2.80% over the period. This ranks it number 499th in the whole country for real estate investors looking at median house price increases.
Property buyers and investors in Summer Hill 2130 should be seeing an average reduction in asking price of around -3.50% . This means that Summer Hill is holding prices well when compared to other suburbs in NSW.
Residents and property investors in Summer Hill have been waiting around 52.21 days to sell a property.
The NSW suburb of Summer Hill, 2130 is in the Ashfield local government area.