If you compare the increase in value of investment property in Summerland Point, 2259 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 17.07%.
Taking the average capital gain, or increase in median house value, Summerland Point,2259 has racked up an average of 17.07% over the period. This ranks it number 400th in the whole country for real estate investors looking at median house price increases.
LACK OF BUYER INTEREST may well be the reason that Summerland Point is offering property investors an average of -5.50. This rate of discount on properties puts Suburb at number 545th in terms of most discounted suburbs in NSW
Advertised rents are around the $375 mark per week – giving a return of 4.06% based on the median price in Suburb