Giving property investors a a stable capital gain of 11.02% for the last year, Figtree, 2525 is the 1083th highest performer in Australia in this respect.
While Figtree,2525 ranked number 750th in NSW for increase in median house value (annualised) increase, it is ranked 463th over the last 5 years.
LACK OF BUYER INTEREST may well be the reason that Figtree is offering property investors an average of -5.49. This rate of discount on properties puts Suburb at number 825th in terms of most discounted suburbs in NSW
Residents and property investors in Figtree have been waiting around 48.58 days to sell a property.
Advertised rents are around the $520 mark per week – giving a return of 3.84% based on the median price in Suburb
With a capital gain of 9.56% for the last 12 months, Figtree, 2525 has performed for property investments than its average annual 5.87% property growth over the last 5 years.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Figtree has increased when compared to the 5 year average annual rate.
Property buyers and investors in Figtree 2525 should be seeing an average reduction in asking price of around -3.52% . This means that Figtree is holding prices well when compared to other suburbs in NSW.