Over the last year, property investments in The Ponds, 2769 have given investors a capital gain of 4.14%. This compares badly with the 6.87% for NSW as a whole.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in The Ponds has increased when compared to the 5 year average annual rate.
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 The Ponds itself are offering an average vendor discount of -5.05% to real estate investors.
With the median price for a house in The Ponds being $980000 and the advertised rent reaching $650 the gross rental yield for property investors calculates out to be 3.45%