At number 2063th in the list of Australian suburbs ordered by increase in median house value over the last year, Hoxton Park, 2171 is in the top half with a property value increase of 7.14% recorded in median house prices.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Hoxton Park has increased when compared to the 5 year average annual rate.
LACK OF BUYER INTEREST may well be the reason that Hoxton Park is offering property investors an average of -5.26. This rate of discount on properties puts Suburb at number 483th in terms of most discounted suburbs in NSW
On average over the past year, suburb has had 3.50 sales per month, which equates to 42 per year.
A $510 per week rent on the median house gives suburb investors a gross yield of circa 3.54%, without taking into account capital value appreciation, which has been averaging out at 7.51%.