With a capital gain of 8.13% for the last 12 months, Point Frederick, 2250 has performed for property investments than its average annual 6.61% property growth over the last 5 years.
Point Frederick,2250 was ranked 3848 in Australia by increase in median property value over the quarter.
A $660 per week rent on the median house gives suburb investors a gross yield of circa 3.04%, without taking into account capital value appreciation, which has been averaging out at 6.61%.
Giving property investors a an average capital gain of 5.68% for the last year, Point Frederick, 2250 is the 756th highest performer in Australia in this respect.
A 74.81% growth in median value for property investors in Point Frederick,2250 puts this suburb at number 455th in terms of best performing suburbs in NSW
Vendor discounting in Point Frederick is giving property investors an average Vendor Discount of around -6.63%. This puts suburb at number 28th in NSW when ranking the most discounted suburbs.
Often selling an investment property can take time, and in Point Frederick the average time real estate has been on the market is 41.71 days.
Using the current median advertised rental of $370 and the average annual increase in value of a median property of 6.52%, investors should hope to achieve an overall return of 4.14%