If you compare the increase in value of investment property in Magenta, 2261 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this NSW suburb was 0.61%.
Comparing Magenta,2261 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
At number 1325th in the list of Australian suburbs ordered by increase in median house value over the last year, Magenta, 2261 is in the BOTTOM 30% with a property value increase of -3.17% recorded in median house prices.
Across a shorter period, Magenta, 2261 has seen a median price increase of -1.28% over the last quarter.
Using the current median advertised rental of $490 and the average annual increase in value of a median property of -2.85%, investors should hope to achieve an overall return of 4.90%