Loftus is in the TOP 30% in NSW when comparing median price capital growth over the last year. Loftus gave property investors a good capital gain figure when compared to the rest of the state, with 15.66%.
The five-year average increase in median property values for Loftus,2232 has given property investors a potential capital gain of 78.50% across each of those five years.
Loftus, 2232 is offering NSW ‘s 674th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this NSW.
In the last year 39 properties changed hands in Loftus, which puts it as the 803th most active market in NSW when comparing the number of sales per suburb.
Loftus is 751th on a list of best yielding suburbs for rents in NSW with a 3.20% return
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Loftus has increased when compared to the 5 year average annual rate.
Situated 24.39km from the CBD, Loftus is one of Sutherland Shire localities in the postcode 2232.
Sutherland Shire suburb Loftus may not be a locale that appeals to those who want to be in the middle of things, being situated 26km from the Sydney CBD, but it’s an area with investment potential. Full summary
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Sutherland Shire suburb Loftus may not be a locale that appeals to those who want to be in the middle of things, being situated 26km from the Sydney CBD, but it’s an area with investment potential.
Most famous for being the home of the Sydney Tramway Museum, it’s positioned on the edge of the Royal National Park and offers impressive bush views for many properties. While it’s fairly sparse amenity-wise, with a few shops near the rail station and the museum, it is also home to a TAFE campus and a small campus of the University of Wollongong. There is a primary school in the suburb, as well as sporting facilities. Further amenities are available in Sutherland, a short drive or rail journey north.
The suburb is largely made up of freestanding houses, and access to both the CBD and Wollongong is provided by regular rail services. The Princes Highway also runs through the suburb. It’s a family suburb, although there is a reasonable rental population: around 22% of properties are rented. Rental yields are solid, and vacancy rates low.
The suburb is one of the most affordable in the Shire, but still attracts an affluent demographic: average weekly incomes are around $400pw more than the NSW average.
That relative affordability combined with the bushland feel of the suburb may be contributing to its robust population growth over the last few years – which is projected to continue at a rate of 2% a year for the next few years.