With a capital gain of 4.86% for the last 12 months, Sutherland, 2232 has performed for property investments than its average annual 8.14% property growth over the last 5 years.
A 38.41% growth in median value for property investors in Sutherland,2232 puts this suburb at number 665th in terms of best performing suburbs in NSW
Situated 22.38km from the CBD, Sutherland is one of Sutherland Shire (A) localities in the postcode 2232.
NSW has seen average median house prices change by 0.04% which means that Sutherland, 2232 has done well for property investors by showing a capital gain of -2.06% over the last year
If we look at median property appreciation over just the last three months, Sutherland has given property investors a paper return of 3.26%. This puts Suburb as 121 on a list of fastest fasting appreciating suburbs in NSW
At number 118th of NSW’s most discounted properties, Sutherland is in the bottom 40% of the state/territory when listing in order of most discounted to least.
Situated 22.71km from the CBD, Sutherland is one of Sutherland Shire (A) localities in the postcode 2232.
Information supplied by:
Admittedly, the central Sutherland Shire suburb of Sutherland isn’t the closest to the CBD, at more than 22km from the centre of Sydney as the crow flies. However, there is a direct rail link to Central station and to Wollongong – trains take about half an hour to reach the centre of Sydney.
The suburb also well served for amenities: there are a wide range of independent and chain stores on the Old Princes Highway and the East Parade. There are four schools in the suburb, a number of churches, and the nearest hospital is in Miranda. Sutherland also acts as a hub to access the wildlife reserves and beaches in the rest of the Shire, and the nearby Royal National Park.
Apartments make up approximately 17% of properties in Sutherland, and are significantly more affordable than in surrounding suburbs, with only Jannali units coming close. Renters make up 30% of the residents, providing a healthy rental market.
White collar workers make up nearly a quarter of the population, and weekly incomes are significantly higher than the NSW average. While population growth isn't as high as in some other areas of Sydney, it still charts in at a respectable 3,000 people between 2005 to 2009 – a 2.5% increase.
The combination of lifestyle, affordability and sluggish growth suggests that Sutherland could be in line for a growth spurt.