Green Point is in the TOP 30% in NSW when comparing median price capital growth over the last year. Green Point gave property investors a good capital gain figure when compared to the rest of the state, with 15.84%.
Taking the average capital gain, or increase in median house value, Green Point,2251 has racked up an average of 15.84% over the period. This ranks it number 808th in the whole country for real estate investors looking at median house price increases.
Green Point, 2251 is offering NSW ‘s 1034th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 20% of discounts offered by this NSW.
A $540 per week rent on the median house gives suburb investors a gross yield of circa 4.13%, without taking into account capital value appreciation, which has been averaging out at 4.88%.
At number 267th in the list of Australian suburbs ordered by increase in median house value over the last year, Green Point, 2251 is in the top 20% with a property value increase of 14.29% recorded in median house prices.
The most recent median price for Green Point is $440000, with sellers offering an average of -1.54% off the asking price.
With the median price for a house in Green Point being $440000 and the advertised rent reaching $400 the gross rental yield for property investors calculates out to be 4.73%