Over the last year, property investments in Mount Pleasant, 2519 have given investors a capital gain of 16.58%. This compares favourably with the 11.06% for NSW as a whole.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Mount Pleasant has increased when compared to the 5 year average annual rate.
Property buyers and investors in Mount Pleasant 2519 should be seeing an average reduction in asking price of around -7.83% . This means that Mount Pleasant is holding prices well when compared to other suburbs in NSW.
Often selling an investment property can take time, and in Mount Pleasant the average time real estate has been on the market is 56.04 days.
With the median price for a house in Mount Pleasant being $865000 and the advertised rent reaching $635 the gross rental yield for property investors calculates out to be 3.82%