Property investors who have had real estate in Flinders, 2529 should be relatively pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 10.87%
A 37.65% growth in median value for property investors in Flinders,2529 puts this suburb at number 863th in terms of best performing suburbs in NSW
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Flinders, 2529. Typically our figures indicate that -3.13% is being offered, which puts this NSW suburb at 3529th most discounted overall in Australia.
On average over the past year, suburb has had 10.08 sales per month, which equates to 121 per year.
Advertised rents are around the $517.5 mark per week – giving a return of 4.22% based on the median price in Suburb
Flinders is an average performer in NSW when comparing median price capital growth over the last year. Flinders gave property investors a good capital gain figure when compared to the rest of the state, with 8.57%.
Taking the average capital gain, or increase in median house value, Flinders,2529 has racked up an average of 8.57% over the period. This ranks it number 214th in the whole country for real estate investors looking at median house price increases.
Property buyers and investors in Flinders 2529 should be seeing an average reduction in asking price of around -3.27% . This means that Flinders is holding prices well when compared to other suburbs in NSW.
With the median price for a house in Flinders being $475000 and the advertised rent reaching $435 the gross rental yield for property investors calculates out to be 4.76%