With a capital gain of 7.67% for the last 12 months, Randwick, 2031 has performed for property investments than its average annual 7.69% property growth over the last 5 years.
A 67.36% growth in median value for property investors in Randwick,2031 puts this suburb at number 735th in terms of best performing suburbs in NSW
The most recent median price for Randwick is $2422500, with sellers offering an average of -4.81% off the asking price.
The NSW suburb of Randwick, 2031 is in the Randwick local government area.
Over the last year, property investments in Randwick, 2031 have given investors a capital gain of 12.21%. This compares favourably with the 8.39% for NSW as a whole.
When looking at the potential capital gains offered to property investors over the last 3 years, Randwick comes in at number 228th in NSW.
LACK OF BUYER INTEREST may well be the reason that Randwick is offering property investors an average of -4.11. This rate of discount on properties puts Suburb at number 288th in terms of most discounted suburbs in NSW
Using the current median advertised rental of $640 and the average annual increase in value of a median property of 7.46%, investors should hope to achieve an overall return of 3.49%