With a capital gain of 10.20% for the last 12 months, Miranda, 2228 has performed for property investments than its average annual 8.88% property growth over the last 5 years.
Comparing Miranda,2228 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Miranda, 2228. Typically our figures indicate that -5.27% is being offered, which puts this NSW suburb at 1998th most discounted overall in Australia.
At number 1238 in a list of fastest selling suburbs, Miranda is in the TOP 40% of suburbs in Australia with an average of days on market 58.96 for properties listed there.
The NSW suburb of Miranda, 2228 is in the Sutherland Shire local government area.
Property investors who have had real estate in Miranda, 2228 should be ok with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 3.83%
Across a shorter period, Miranda, 2228 has seen a median price increase of 2.30% over the last quarter.
Property buyers and investors in Miranda 2228 should be seeing an average reduction in asking price of around -4.42% . This means that Miranda is holding prices well when compared to other suburbs in NSW.
On average over the past year, suburb has had 16.42 sales per month, which equates to 197 per year.