Giving property investors a an unimpressive capital gain of 2.11% for the last year, Connells Point, 2221 is the 2691th highest performer in Australia in this respect.
A 60.84% growth in median value for property investors in Connells Point,2221 puts this suburb at number 670th in terms of best performing suburbs in NSW
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.57% offered to property buyers. Sellers in Connells Point itself are offering an average vendor discount of -4.52% to real estate investors.
On average over the past year, suburb has had 2.00 sales per month, which equates to 24 per year.
With the median price for a house in Connells Point being $1817500 and the advertised rent reaching $800 the gross rental yield for property investors calculates out to be 2.29%
Connells Point has had a very poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of -12.80% to date .
The five-year average increase in median property values for Connells Point,2221 has given property investors a potential capital gain of 44.26% across each of those five years.
Connells Point is 446th on a list of best yielding suburbs for rents in NSW with a 3.50% return