With a capital gain of 13.16% for the last 12 months, Minto, 2566 has performed for property investments than its average annual 9.23% property growth over the last 5 years.
The five-year average increase in median property values for Minto,2566 has given property investors a potential capital gain of 95.45% across each of those five years.
Our latest figures would indicate that property sellers in Minto are currently offering property investors an average price cut of -4.54% below the asking price at the moment.
Often selling an investment property can take time, and in Minto the average time real estate has been on the market is 51.52 days.
A $420 per week rent on the median house gives suburb investors a gross yield of circa 3.39%, without taking into account capital value appreciation, which has been averaging out at 9.23%.
Giving property investors a a stable capital gain of 8.49% for the last year, Minto, 2566 is the 538th highest performer in Australia in this respect.
Minto,2566 was ranked 928 in Australia by increase in median property value over the quarter.
Vendor discounting in Minto is giving property investors an average Vendor Discount of around -3.13%. This puts suburb at number 341th in NSW when ranking the most discounted suburbs.
Minto is 254th on a list of best yielding suburbs for rents in NSW with a 4.13% return