Green Point has had a quite poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of 6.55% to date .
Over the longer term, Green Point has seen property prices show investors a 41.40% return over the last 3 years. This is worse than over the last 12 months
The most recent median price for Green Point is $756500, with sellers offering an average of -3.48% off the asking price.
A $530 per week rent on the median house gives suburb investors a gross yield of circa 3.64%, without taking into account capital value appreciation, which has been averaging out at 5.49%.
Property investors who have had real estate in Green Point, 2251 should be pleased 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 20.43%
When looking at the potential capital gains offered to property investors over the last 3 years, Green Point comes in at number 129th in NSW.
At number 156th of NSW’s most discounted properties, Green Point is in the bottom 40% of the state/territory when listing in order of most discounted to least.