Sanctuary Point is in the TOP 20% in NSW when comparing median price capital growth over the last year. Sanctuary Point gave property investors a very good capital gain figure when compared to the rest of the state, with 17.46%.
If we look at median property appreciation over just the last three months, Sanctuary Point has given property investors a paper return of 1.93%. This puts Suburb as 715 on a list of fastest fasting appreciating suburbs in NSW
Property investors looking for a bargain in Sanctuary Point should be aiming for at least -4.31% off the asking price, which is the average vendor discount being achieved at the moment.
At number 1401 in a list of fastest selling suburbs, Sanctuary Point is in the TOP 40% of suburbs in Australia with an average of days on market 70.3 for properties listed there.
Using the current median advertised rental of $330 and the average annual increase in value of a median property of 4.49%, investors should hope to achieve an overall return of 4.64%