Mount Austin is in the bottom 20% in NSW when comparing median price capital growth over the last year. Mount Austin gave property investors a dismal capital gain figure when compared to the rest of the state, with -1.06%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Mount Austin has increased when compared to the 5 year average annual rate.
Vendor discounting in Mount Austin is giving property investors an average Vendor Discount of around -7.42%. This puts suburb at number 190th in NSW when ranking the most discounted suburbs.
Using the current median advertised rental of $280 and the average annual increase in value of a median property of 2.68%, investors should hope to achieve an overall return of 6.34%