Over the last year, property investments in Prospect, 2148 have given investors a capital gain of 10.09%. This compares averagely with the 11.67% for NSW as a whole.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Prospect has increased when compared to the 5 year average annual rate.
Property investors looking for a bargain in Prospect should be aiming for at least -6.62% off the asking price, which is the average vendor discount being achieved at the moment.
Property value increases in Prospect have tracked close to the NSW average of 8.39% over the last 12 months.
Renters in Suburb are facing rents around $4920 per annum or $410 every week.