Over the last year, property investments in Emerton, 2770 have given investors a capital gain of 12.97%. This compares favourably with the 8.99% 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 Emerton has increased when compared to the 5 year average annual rate.
The most recent median price for Emerton is $455000, with sellers offering an average of -4.06% off the asking price.
On average over the past year, suburb has had 1.75 sales per month, which equates to 21 per year.
A $357.5 per week rent on the median house gives suburb investors a gross yield of circa 4.09%, without taking into account capital value appreciation, which has been averaging out at 8.50%.