Picton has had a pretty average year for property investment returns compared to the rest of NSW, giving investors a capital gain of 6.77% to date .
While Picton,2571 ranked number 943th in NSW for increase in median house value (annualised) increase, it is ranked 542th over the last 5 years.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.49% offered to property buyers. Sellers in Picton itself are offering an average vendor discount of -5.26% to real estate investors.
Renters in Suburb are facing rents around $5640 per annum or $470 every week.