NSW has seen average median house prices change by 9.05% which means that Prospect, 2148 has done well for property investors by showing a capital gain of 12.86% over the last year
If we look at median property appreciation over just the last three months, Prospect has given property investors a paper return of 4.29%. This puts Suburb as 497 on a list of fastest fasting appreciating suburbs in NSW
Prospect2148 is located in NSW which offers an average discount of -5.45% to property investors. Prospect itself is showing figures that indicate -6.33% is the average achievable by property buyers investing in the suburb.
Using the current median advertised rental of $470 and the average annual increase in value of a median property of 8.32%, investors should hope to achieve an overall return of 3.09%
Giving property investors a an average capital gain of 3.92% for the last year, Prospect, 2148 is the 768th highest performer in Australia in this respect.
While Prospect,2148 ranked number 392th in NSW for increase in median house value (annualised) increase, it is ranked 77th over the last 5 years.