With a capital gain of 8.07% for the last 12 months, Hurstville, 2220 has performed for property investments than its average annual 10.22% property growth over the last 5 years.
While Hurstville,2220 ranked number 521th in NSW for increase in median house value (annualised) increase, it is ranked 288th over the last 5 years.
Sellers are offering property buyers an average discount of -6.77% to buyers in Hurstville at the moment, which is less than average for the rest of NSW.
Advertised rents are around the $597.5 mark per week – giving a return of 2.07% based on the median price in Suburb
At number 1258th in the list of Australian suburbs ordered by increase in median house value over the last year, Hurstville, 2220 is in the BOTTOM 30% with a property value increase of -2.04% recorded in median house prices.
Comparing Hurstville,2220 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Hurstville, 2220 is offering NSW ‘s 132th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 30% of discounts offered by this NSW.
Using the current median advertised rental of $500 and the average annual increase in value of a median property of 7.48%, investors should hope to achieve an overall return of 3.61%