Investment property in Connells Point has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 11.83%
Comparing Connells Point,2221 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Property buyers and investors in Connells Point 2221 should be seeing an average reduction in asking price of around -13.15% . This means that Connells Point is holding prices well when compared to other suburbs in NSW.
On average over the past year, suburb has had 2.92 sales per month, which equates to 35 per year.
Using the current median advertised rental of $750 and the average annual increase in value of a median property of 8.70%, investors should hope to achieve an overall return of 2.11%
Over the last year, property investments in Connells Point, 2221 have given investors a capital gain of 27.62%. This compares very favourably with the 8.01% for NSW as a whole.