At number 2117th in the list of Australian suburbs ordered by increase in median house value over the last year, Minto, 2566 is in the BOTTOM 50% with a property value increase of 4.39% recorded in median house prices.
Comparing Minto,2566 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Property investors looking for a bargain in Minto should be aiming for at least -5.85% off the asking price, which is the average vendor discount being achieved at the moment.
A $420 per week rent on the median house gives suburb investors a gross yield of circa 3.67%, without taking into account capital value appreciation, which has been averaging out at 8.16%.
Property investors who have had real estate in Minto, 2566 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 9.82%
A 85.53% growth in median value for property investors in Minto,2566 puts this suburb at number 76th in terms of best performing suburbs in NSW
Our latest figures would indicate that property sellers in Minto are currently offering property investors an average price cut of -5.53% below the asking price at the moment.