If you compare the increase in value of investment property in Hunters Hill, 2110 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this NSW suburb was -11.33%.
Across a shorter period, Hunters Hill, 2110 has seen a median price increase of -0.93% over the last quarter.
Our latest figures would indicate that property sellers in Hunters Hill are currently offering property investors an average price cut of -5.08% below the asking price at the moment.
At number 2580 in a list of fastest selling suburbs, Hunters Hill is in the bottom 30% of suburbs in Australia with an average of days on market 94.6765 for properties listed there.
Using the current median advertised rental of $1150 and the average annual increase in value of a median property of 6.76%, investors should hope to achieve an overall return of 2.25%
Hunters Hill is in the bottom 10% in NSW when comparing median price capital growth over the last year. Hunters Hill gave property investors a dismal capital gain figure when compared to the rest of the state, with -21.66%.
When looking at the potential capital gains offered to property investors over the last 3 years, Hunters Hill comes in at number 405th in NSW.
Property investors should expect to get $520 weekly from the median priced house in this suburb.
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North Shore suburb stands above the rest
Median unit price: $1,212,500
Three-year growth: 52.13%
Rental yield: 2.57%
The suburb of Hunters Hill sits on the North Shore 9km north of Sydney, right atop a peninsula that divides Lane Cove River and Parramatta River.
It is a suburb that has maintained steady and very strong growth over recent years. In the January 2017 quarter alone, prices increased by a staggering 25.7% to clock in at over $1.2m. Demand is high enough that units are sold at an average discount of just 3.9%, and while the returns investors can expect to gain are low at 2.6%, income is certain to flow continuously given that the average vacancy rate is only 1.01%.
Hunters Hill has a bustling commercial hub with shops and a private hospital. There are several schools in the area for both primary and secondary education. Many of its buildings are heritage sites. Hunters Hill is also home to many parks and reserves, including Boronia Park.