Investment property in Eglinton has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 14.86%
The five-year average increase in median property values for Eglinton,2795 has given property investors a potential capital gain of 44.07% across each of those five years.
Property investors looking for a bargain in Eglinton should be aiming for at least -2.85% off the asking price, which is the average vendor discount being achieved at the moment.
On average over the past year, suburb has had 3.92 sales per month, which equates to 47 per year.
With the median price for a house in Eglinton being $425000 and the advertised rent reaching $360 the gross rental yield for property investors calculates out to be 4.40%