Barrack Heights, 2528 ranked 356th in NSW when comparing growth in median property values or capital gain over the last 12 months. Barrack Heights is one of 3163 in our list for NSW
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Barrack Heights has increased when compared to the 5 year average annual rate.
Vendor discounting in Barrack Heights is giving property investors an average Vendor Discount of around -3.26%. This puts suburb at number 1095th in NSW when ranking the most discounted suburbs.
Barrack Heights is 330th on a list of best yielding suburbs for rents in NSW with a 4.42% return
NSW has seen average median house prices change by 5.88% which means that Barrack Heights, 2528 has done well for property investors by showing a capital gain of 25.45% over the last year
While Barrack Heights,2528 ranked number 35th in NSW for increase in median house value (annualised) increase, it is ranked 75th over the last 5 years.
LACK OF BUYER INTEREST may well be the reason that Barrack Heights is offering property investors an average of -4.41. This rate of discount on properties puts Suburb at number 446th in terms of most discounted suburbs in NSW
A $320 per week rent on the median house gives suburb investors a gross yield of circa 4.82%, without taking into account capital value appreciation, which has been averaging out at 4.60%.