Investment property in Point Frederick has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -0.48%
Comparing Point Frederick,2250 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
In the last year 25 properties changed hands in Point Frederick, which puts it as the 1030th most active market in NSW when comparing the number of sales per suburb.
With the median price for a house in Point Frederick being $1045000 and the advertised rent reaching $550 the gross rental yield for property investors calculates out to be 2.74%
Property investors who have had real estate in Point Frederick, 2250 should be relatively 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 8.59%
When looking at the potential capital gains offered to property investors over the last 3 years, Point Frederick comes in at number 215th in NSW.
Property buyers and investors in Point Frederick 2250 should be seeing an average reduction in asking price of around -1.72% . This means that Point Frederick is holding prices well when compared to other suburbs in NSW.
Often selling an investment property can take time, and in Point Frederick the average time real estate has been on the market is 38.38 days.
Renters in Suburb are facing rents around $4200 per annum or $350 every week.