NSW has seen average median house prices change by 11.06% which means that Connells Point, 2221 has done well for property investors by showing a capital gain of 11.69% over the last year
If we look at median property appreciation over just the last three months, Connells Point has given property investors a paper return of -0.82%. This puts Suburb as 1143 on a list of fastest fasting appreciating suburbs in NSW
Property buyers and investors in Connells Point 2221 should be seeing an average reduction in asking price of around -12.58% . This means that Connells Point is holding prices well when compared to other suburbs in NSW.
At number 2114 in a list of fastest selling suburbs, Connells Point is just in the bottom half of suburbs in Australia with an average of days on market 80.86 for properties listed there.
Connells Point, 2221’s gross rental yield is 2.15%
NSW has seen average median house prices change by 8.63% which means that Connells Point, 2221 has done well for property investors by showing a capital gain of 26.40% over the last year
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Connells Point has increased when compared to the 5 year average annual rate.