With a capital gain of 16.67% for the last 12 months, Suffolk Park, 2481 has performed for property investments than its average annual 6.89% property growth over the last 5 years.
The five-year average increase in median property values for Suffolk Park,2481 has given property investors a potential capital gain of 76.47% across each of those five years.
Sellers are offering property buyers an average discount of -4.86% to buyers in Suffolk Park at the moment, which is less than average for the rest of NSW.
Advertised rents are around the $750 mark per week – giving a return of 3.71% based on the median price in Suburb
Giving property investors a a solid capital gain of 14.29% for the last year, Suffolk Park, 2481 is the 315th highest performer in Australia in this respect.
Taking the average capital gain, or increase in median house value, Suffolk Park,2481 has racked up an average of 14.29% over the period. This ranks it number 94th in the whole country for real estate investors looking at median house price increases.
Our latest figures would indicate that property sellers in Suffolk Park are currently offering property investors an average price cut of -2.40% below the asking price at the moment.
With the median price for a house in Suffolk Park being $720000 and the advertised rent reaching $610 the gross rental yield for property investors calculates out to be 4.41%