With a capital gain of 18.57% for the last 12 months, Copacabana, 2251 has performed for property investments than its average annual 3.50% property growth over the last 5 years.
If we look at median property appreciation over just the last three months, Copacabana has given property investors a paper return of 7.79%. This puts Suburb as 145 on a list of fastest fasting appreciating suburbs in NSW
Copacabana2251 is located in NSW which offers an average discount of -5.49% to property investors. Copacabana itself is showing figures that indicate -9.01% is the average achievable by property buyers investing in the suburb.
On average over the past year, suburb has had 6.42 sales per month, which equates to 77 per year.
Using the current median advertised rental of $595 and the average annual increase in value of a median property of 3.50%, investors should hope to achieve an overall return of 3.73%