Property investors who have had real estate in Miranda, 2228 should be pleased 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 16.69%
If we look at median property appreciation over just the last three months, Miranda has given property investors a paper return of -0.32%. This puts Suburb as 948 on a list of fastest fasting appreciating suburbs in NSW
Miranda2228 is located in NSW which offers an average discount of -5.55% to property investors. Miranda itself is showing figures that indicate -6.11% is the average achievable by property buyers investing in the suburb.
At number 1003 in a list of fastest selling suburbs, Miranda is in the TOP 30% of suburbs in Australia with an average of days on market 60.31 for properties listed there.
Miranda, 2228’s gross rental yield is 2.90%
NSW has seen average median house prices change by 6.92% which means that Miranda, 2228 has done well for property investors by showing a capital gain of 6.45% over the last year
The five-year average increase in median property values for Miranda,2228 has given property investors a potential capital gain of 54.75% across each of those five years.
Property buyers and investors in Miranda 2228 should be seeing an average reduction in asking price of around -3.93% . This means that Miranda is holding prices well when compared to other suburbs in NSW.
Property investors should expect to get $470 weekly from the median priced house in this suburb.