Giving property investors a an average capital gain of 5.56% for the last year, Copacabana, 2251 is the 1786th highest performer in Australia in this respect.
While Copacabana,2251 ranked number 605th in NSW for increase in median house value (annualised) increase, it is ranked 908th over the last 5 years.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.50% offered to property buyers. Sellers in Copacabana itself are offering an average vendor discount of -8.83% to real estate investors.
At number 1243 in a list of fastest selling suburbs, Copacabana is in the TOP 40% of suburbs in Australia with an average of days on market 67.72 for properties listed there.
Advertised rents are around the $565 mark per week – giving a return of 3.87% based on the median price in Suburb