Giving property investors a an unimpressive capital gain of 3.14% for the last year, Constitution Hill, 2145 is the 2560th highest performer in Australia in this respect.
Taking the average capital gain, or increase in median house value, Constitution Hill,2145 has racked up an average of 3.14% over the period. This ranks it number 1089th in the whole country for real estate investors looking at median house price increases.
LACK OF BUYER INTEREST may well be the reason that Constitution Hill is offering property investors an average of -5.35. This rate of discount on properties puts Suburb at number 502th in terms of most discounted suburbs in NSW
On average over the past year, suburb has had 2.75 sales per month, which equates to 33 per year.
A $475 per week rent on the median house gives suburb investors a gross yield of circa 2.81%, without taking into account capital value appreciation, which has been averaging out at 7.99%.