Magenta has had a A very good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 22.49% to date .
NSW has seen average median house prices change by 8.39% which means that Magenta, 2261 has done well for property investors by showing a capital gain of 0.62% over the last year
Taking the average capital gain, or increase in median house value, Magenta,2261 has racked up an average of 0.62% over the period. This ranks it number 1337th in the whole country for real estate investors looking at median house price increases.
In the last year 26 properties changed hands in Magenta, which puts it as the 402th most active market in NSW when comparing the number of sales per suburb.
Magenta is 123th on a list of best yielding suburbs for rents in NSW with a 4.71% return