Investment property in Regents Park has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 1.70%
While Regents Park,2143 ranked number 233th in NSW for increase in median house value (annualised) increase, it is ranked 312th over the last 5 years.
Our latest figures would indicate that property sellers in Regents Park are currently offering property investors an average price cut of -6.21% below the asking price at the moment.
Residents and property investors in Regents Park have been waiting around 110.84 days to sell a property.
With the median price for a house in Regents Park being $895000 and the advertised rent reaching $445 the gross rental yield for property investors calculates out to be 2.59%
Regents Park, 2143 ranked 495th in NSW when comparing growth in median property values or capital gain over the last 12 months. Regents Park is one of 3163 in our list for NSW
Regents Park,2143 was ranked 992 in Australia by increase in median property value over the quarter.
Sellers are offering property buyers an average discount of -4.06% to buyers in Regents Park at the moment, which is less than average for the rest of NSW.
On average over the past year, suburb has had 2.00 sales per month, which equates to 24 per year.
Advertised rents are around the $390 mark per week – giving a return of 4.39% based on the median price in Suburb