Property investors who have had real estate in Ruse, 2560 should be relatively pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 10.09%
Taking the average capital gain, or increase in median house value, Ruse,2560 has racked up an average of 10.09% over the period. This ranks it number 586th in the whole country for real estate investors looking at median house price increases.
Property investors looking for a bargain in Ruse should be aiming for at least -5.70% off the asking price, which is the average vendor discount being achieved at the moment.
A $440 per week rent on the median house gives suburb investors a gross yield of circa 3.74%, without taking into account capital value appreciation, which has been averaging out at 7.55%.