At number 214th in the list of Australian suburbs ordered by increase in median house value over the last year, Point Frederick, 2250 is in the top 10% with a property value increase of 22.93% recorded in median house prices.
When looking at the potential capital gains offered to property investors over the last 3 years, Point Frederick comes in at number 104th in NSW.
A $400 per week rent on the median house gives suburb investors a gross yield of circa 1.65%, without taking into account capital value appreciation, which has been averaging out at 6.92%.
Property value increases in Point Frederick have tracked higher than the NSW average of 5.88% over the last 12 months.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Point Frederick has increased when compared to the 5 year average annual rate.
Property investors looking for a bargain in Point Frederick should be aiming for at least -3.67% off the asking price, which is the average vendor discount being achieved at the moment.
Residents and property investors in Point Frederick have been waiting around 47.25 days to sell a property.
Point Frederick is 279th on a list of best yielding suburbs for rents in NSW with a 4.12% return