If you compare the increase in value of investment property in Prospect, 2148 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 7.86%.
Over the longer term, Prospect has seen property prices show investors a 41.12% return over the last 3 years. This is worse than over the last 12 months
The most recent median price for Prospect is $755000, with sellers offering an average of -6.83% off the asking price.
A $470 per week rent on the median house gives suburb investors a gross yield of circa 3.24%, without taking into account capital value appreciation, which has been averaging out at 7.78%.
Investment property in Prospect has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 3.92%
While Prospect,2148 ranked number 242th in NSW for increase in median house value (annualised) increase, it is ranked 57th over the last 5 years.
Property investors should expect to get $435 weekly from the median priced house in this suburb.