NSW has seen average median house prices change by 7.15% which means that Milton, 2538 has done well for property investors by showing a capital gain of 29.77% over the last year
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Milton has increased when compared to the 5 year average annual rate.
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 Milton, 2538. Typically our figures indicate that -4.90% is being offered, which puts this NSW suburb at 2639th most discounted overall in Australia.
Using the current median advertised rental of $350 and the average annual increase in value of a median property of 6.83%, investors should hope to achieve an overall return of 2.88%