Greenwell Point is in the bottom 30% in NSW when comparing median price capital growth over the last year. Greenwell Point gave property investors a disappointing capital gain figure when compared to the rest of the state, with 3.56%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Greenwell Point has increased when compared to the 5 year average annual rate.
Property investors looking for a bargain in Greenwell Point should be aiming for at least -4.95% off the asking price, which is the average vendor discount being achieved at the moment.
Advertised rents are around the $330 mark per week – giving a return of 3.94% based on the median price in Suburb