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 5.43%
When looking at the potential capital gains offered to property investors over the last 3 years, Prospect comes in at number 659th in NSW.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.50% offered to property buyers. Sellers in Prospect itself are offering an average vendor discount of -6.36% to real estate investors.
Advertised rents are around the $470 mark per week – giving a return of 3.31% based on the median price in Suburb
Prospect has had a very poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of -6.10% to date .
A 54.03% growth in median value for property investors in Prospect,2148 puts this suburb at number 528th in terms of best performing suburbs in NSW
Situated 4.92km from the CBD, Prospect is one of Blacktown localities in the postcode 2148.