Property value increases in Coniston have tracked higher than the NSW average of 8.99% over the last 12 months.
With the median price for a house in Coniston being $555000 and the advertised rent reaching $440 the gross rental yield for property investors calculates out to be 4.12%
Giving property investors a a stable capital gain of 6.94% for the last year, Coniston, 2500 is the 622th highest performer in Australia in this respect.
Coniston,2500 has offered an average of 6.94% return per annum in house price rises to property investors over the last three years.
Our latest figures would indicate that property sellers in Coniston are currently offering property investors an average price cut of -3.79% below the asking price at the moment.
Using the current median advertised rental of $340 and the average annual increase in value of a median property of 7.11%, investors should hope to achieve an overall return of 4.78%