With a capital gain of -19.45% for the last 12 months, Milsons Point, 2061 has performed for property investments than its average annual 8.11% property growth over the last 5 years.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Milsons Point has increased when compared to the 5 year average annual rate.
Milsons Point, 2061 is offering NSW ‘s 107th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 30% of discounts offered by this NSW.
At number 439 in a list of fastest selling suburbs, Milsons Point is in the TOP 30% of suburbs in Australia with an average of days on market 55.42 for properties listed there.
A $815 per week rent on the median house gives suburb investors a gross yield of circa 2.74%, without taking into account capital value appreciation, which has been averaging out at 8.11%.