If you compare the increase in value of investment property in Greenwell Point, 2540 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 13.06%.
Taking the average capital gain, or increase in median house value, Greenwell Point,2540 has racked up an average of 13.06% over the period. This ranks it number 1073th in the whole country for real estate investors looking at median house price increases.
Greenwell Point2540 is located in NSW which offers an average discount of -5.22% to property investors. Greenwell Point itself is showing figures that indicate -4.05% is the average achievable by property buyers investing in the suburb.
A $340 per week rent on the median house gives suburb investors a gross yield of circa 3.78%, without taking into account capital value appreciation, which has been averaging out at 5.15%.