Property value increases in Hoxton Park have tracked close to the NSW average of 8.99% over the last 12 months.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Hoxton Park has increased when compared to the 5 year average annual rate.
LACK OF BUYER INTEREST may well be the reason that Hoxton Park is offering property investors an average of -5.52. This rate of discount on properties puts Suburb at number 748th in terms of most discounted suburbs in NSW
At number 280 in a list of fastest selling suburbs, Hoxton Park is in the TOP 10% of suburbs in Australia with an average of days on market 41.69 for properties listed there.
A $500 per week rent on the median house gives suburb investors a gross yield of circa 3.81%, without taking into account capital value appreciation, which has been averaging out at 6.55%.