Giving property investors a a poor capital gain of -13.79% for the last year, The Hill, 2300 is the 3967th highest performer in Australia in this respect.
If we look at median property appreciation over just the last three months, The Hill has given property investors a paper return of 0.45%. This puts Suburb as 952 on a list of fastest fasting appreciating suburbs in NSW
On average over the past year, suburb has had 1.17 sales per month, which equates to 14 per year.
Advertised rents are around the $615 mark per week – giving a return of 2.88% based on the median price in Suburb
If you compare the increase in value of investment property in The Hill, 2300 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 16.12%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in The Hill has increased when compared to the 5 year average annual rate.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in The Hill, 2300. Typically our figures indicate that -3.23% is being offered, which puts this NSW suburb at 1275th most discounted overall in Australia.
A $350 per week rent on the median house gives suburb investors a gross yield of circa 3.69%, without taking into account capital value appreciation, which has been averaging out at 7.26%.