With a capital gain of -2.04% for the last 12 months, Picnic Point, 2213 has performed for property investments than its average annual 6.56% property growth over the last 5 years.
If we look at median property appreciation over just the last three months, Picnic Point has given property investors a paper return of 0.52%. This puts Suburb as 862 on a list of fastest fasting appreciating suburbs in NSW
Our latest figures would indicate that property sellers in Picnic Point are currently offering property investors an average price cut of -8.19% below the asking price at the moment.
Renters in Suburb are facing rents around $7080 per annum or $590 every week.
NSW has seen average median house prices change by 5.59% which means that Picnic Point, 2213 has done well for property investors by showing a capital gain of 8.93% over the last year
At number 312th of NSW’s most discounted properties, Picnic Point is in the TOP 40% of the state/territory when listing in order of most discounted to least.
Picnic Point, 2213’s gross rental yield is 3.68%