Giving property investors a an average capital gain of 5.11% for the last year, The Ponds, 2769 is the 2061th highest performer in Australia in this respect.
Taking the average capital gain, or increase in median house value, The Ponds,2769 has racked up an average of 5.11% over the period. This ranks it number 668th in the whole country for real estate investors looking at median house price increases.
Property investors looking for a bargain in The Ponds should be aiming for at least -5.26% off the asking price, which is the average vendor discount being achieved at the moment.
A $650 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 16.23%.