NSW has seen average median house prices change by 11.06% which means that The Junction, 2291 has done well for property investors by showing a capital gain of 2.88% over the last year
When looking at the potential capital gains offered to property investors over the last 3 years, The Junction comes in at number 739th in NSW.
On average over the past year, suburb has had 1.75 sales per month, which equates to 21 per year.
With the median price for a house in The Junction being $1250000 and the advertised rent reaching $550 the gross rental yield for property investors calculates out to be 2.29%
The Junction,2291 was ranked 325 in Australia by increase in median property value over the quarter.
In the last year 10 properties changed hands in The Junction, which puts it as the 596th most active market in NSW when comparing the number of sales per suburb.
Advertised rents are around the $360 mark per week – giving a return of 3.52% based on the median price in Suburb