At number 2596th in the list of Australian suburbs ordered by increase in median house value over the last year, Greenwell Point, 2540 is in the BOTTOM 40% with a property value increase of 2.07% recorded in median house prices.
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.
Greenwell Point2540 is located in NSW which offers an average discount of -5.49% to property investors. Greenwell Point itself is showing figures that indicate -5.02% is the average achievable by property buyers investing in the suburb.
Using the current median advertised rental of $340 and the average annual increase in value of a median property of 5.92%, investors should hope to achieve an overall return of 4.00%