NSW has seen average median house prices change by 6.87% which means that Connells Point, 2221 has done well for property investors by showing a capital gain of 10.27% over the last year
Connells Point,2221 has offered an average of 10.27% return per annum in house price rises to property investors over the last three years.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.49% offered to property buyers. Sellers in Connells Point itself are offering an average vendor discount of -7.85% to real estate investors.
Advertised rents are around the $790 mark per week – giving a return of 2.35% based on the median price in Suburb
Connells Point is in the TOP 10% in NSW when comparing median price capital growth over the last year. Connells Point gave property investors a very good capital gain figure when compared to the rest of the state, with 27.30%.
Over the longer term, Connells Point has seen property prices show investors a 60.01% return over the last 3 years. This is worse than over the last 12 months
Renters in Suburb are facing rents around $6960 per annum or $580 every week.