With a capital gain of -0.57% for the last 12 months, Monterey, 2217 has performed for property investments than its average annual 8.27% property growth over the last 5 years.
If we look at median property appreciation over just the last three months, Monterey has given property investors a paper return of -1.81%. This puts Suburb as 1255 on a list of fastest fasting appreciating suburbs in NSW
On average over the past year, suburb has had 2.42 sales per month, which equates to 29 per year.
Monterey, 2217’s gross rental yield is 2.18%
Monterey is in the bottom 30% in NSW when comparing median price capital growth over the last year. Monterey gave property investors a disappointing capital gain figure when compared to the rest of the state, with 0.00%.
Comparing Monterey,2217 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
LACK OF BUYER INTEREST may well be the reason that Monterey is offering property investors an average of -4.33. This rate of discount on properties puts Suburb at number 283th in terms of most discounted suburbs in NSW
Renters in Suburb are facing rents around $5760 per annum or $480 every week.