Property investors who have had real estate in Monterey, 2217 should be ok with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 5.33%
Taking the average capital gain, or increase in median house value, Monterey,2217 has racked up an average of 5.33% over the period. This ranks it number 1187th in the whole country for real estate investors looking at median house price increases.
Property investors should expect to get $630 weekly from the median priced house in this suburb.
Over the last year, property investments in Monterey, 2217 have given investors a capital gain of -8.06%. This compares very badly with the 7.74% for NSW as a whole.
Comparing Monterey,2217 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
The most recent median price for Monterey is $712500, with sellers offering an average of -7.50% off the asking price.
Monterey, 2217’s gross rental yield is 3.50%