NSW has seen average median house prices change by 7.15% which means that Peakhurst, 2210 has done well for property investors by showing a capital gain of -0.30% over the last year
Peakhurst,2210 was ranked 2506 in Australia by increase in median property value over the quarter.
LACK OF BUYER INTEREST may well be the reason that Peakhurst is offering property investors an average of -5.53. This rate of discount on properties puts Suburb at number 53th in terms of most discounted suburbs in NSW
Situated 16.72km from the CBD, Peakhurst is one of Hurstville localities in the postcode 2210.
Over the last year, property investments in Peakhurst, 2210 have given investors a capital gain of 9.15%. This compares favourably with the 6.59% for NSW as a whole.
Across a shorter period, Peakhurst, 2210 has seen a median price increase of 5.07% over the last quarter.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Peakhurst, 2210. Typically our figures indicate that -3.84% is being offered, which puts this NSW suburb at 1148th most discounted overall in Australia.
Advertised rents are around the $550 mark per week – giving a return of 4.06% based on the median price in Suburb