At number 4149th in the list of Australian suburbs ordered by increase in median house value over the last year, Mcmahons Point, 2060 is in the BOTTOM 10% with a property value increase of -14.50% recorded in median house prices.
While Mcmahons Point,2060 ranked number 1241th in NSW for increase in median house value (annualised) increase, it is ranked 47th over the last 5 years.
A $1450 per week rent on the median house gives suburb investors a gross yield of circa 2.39%, without taking into account capital value appreciation, which has been averaging out at 10.83%.
NSW has seen average median house prices change by 0.24% which means that Mcmahons Point, 2060 has done well for property investors by showing a capital gain of -1.26% over the last year
A 56.25% growth in median value for property investors in Mcmahons Point,2060 puts this suburb at number 487th in terms of best performing suburbs in NSW
Mcmahons Point2060 is located in NSW which offers an average discount of -6.06% to property investors. Mcmahons Point itself is showing figures that indicate -20.59% is the average achievable by property buyers investing in the suburb.
With the median price for a house in Mcmahons Point being $1250000 and the advertised rent reaching $650 the gross rental yield for property investors calculates out to be 2.70%