Giving property investors a a solid capital gain of 18.56% for the last year, Breakfast Point, 2137 is the 150th highest performer in Australia in this respect.
While Breakfast Point,2137 ranked number 232th in NSW for increase in median house value (annualised) increase, it is ranked 66th 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 -4.45% offered to property buyers. Sellers in Breakfast Point itself are offering an average vendor discount of -4.47% to real estate investors.
A $687.5 per week rent on the median house gives suburb investors a gross yield of circa 3.11%, without taking into account capital value appreciation, which has been averaging out at 5.53%.