Point Frederick,2250 was ranked 11 in Australia by increase in median property value over the quarter.
Point Frederick is in the bottom 20% in NSW when comparing median price capital growth over the last year. Point Frederick gave property investors a dismal capital gain figure when compared to the rest of the state, with -13.62%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Point Frederick has increased when compared to the 5 year average annual rate.
Property investors looking for a bargain in Point Frederick should be aiming for at least -8.23% off the asking price, which is the average vendor discount being achieved at the moment.