Minto, 2566 ranked 564th in NSW when comparing growth in median property values or capital gain over the last 12 months. Minto is one of 3163 in our list for NSW
Minto,2566 was ranked 1072 in Australia by increase in median property value over the quarter.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.35% offered to property buyers. Sellers in Minto itself are offering an average vendor discount of -4.75% to real estate investors.
Using the current median advertised rental of $420 and the average annual increase in value of a median property of 9.07%, investors should hope to achieve an overall return of 3.44%
Giving property investors a a stable capital gain of 8.27% for the last year, Minto, 2566 is the 524th highest performer in Australia in this respect.
Across a shorter period, Minto, 2566 has seen a median price increase of -0.34% over the last quarter.
The most recent median price for Minto is $438500, with sellers offering an average of -3.18% off the asking price.
A $350 per week rent on the median house gives suburb investors a gross yield of circa 4.15%, without taking into account capital value appreciation, which has been averaging out at 8.80%.