With a capital gain of 0.43% for the last 12 months, Mount Austin, 2650 has performed for property investments than its average annual 2.46% property growth over the last 5 years.
Across a shorter period, Mount Austin, 2650 has seen a median price increase of 1.30% over the last quarter.
LACK OF BUYER INTEREST may well be the reason that Mount Austin is offering property investors an average of -5.49. This rate of discount on properties puts Suburb at number 265th in terms of most discounted suburbs in NSW
Using the current median advertised rental of $280 and the average annual increase in value of a median property of 2.46%, investors should hope to achieve an overall return of 6.25%