With a capital gain of 7.86% for the last 12 months, Prospect, 2148 has performed for property investments than its average annual 7.80% property growth over the last 5 years.
Over the longer term, Prospect has seen property prices show investors a 40.33% return over the last 3 years. This is worse than over the last 12 months
At number 272th of NSW’s most discounted properties, Prospect is in the bottom 30% of the state/territory when listing in order of most discounted to least.
Property investors should expect to get $470 weekly from the median priced house in this suburb.
NSW has seen average median house prices change by 5.73% which means that Prospect, 2148 has done well for property investors by showing a capital gain of 3.92% over the last year
Across a shorter period, Prospect, 2148 has seen a median price increase of 7.07% over the last quarter.
In the last year 54 properties changed hands in Prospect, which puts it as the 259th most active market in NSW when comparing the number of sales per suburb.
Using the current median advertised rental of $415 and the average annual increase in value of a median property of 17.95%, investors should hope to achieve an overall return of 4.07%