With a capital gain of -17.47% for the last 12 months, Rathmines, 2283 has performed for property investments than its average annual 5.32% property growth over the last 5 years.
Taking the average capital gain, or increase in median house value, Rathmines,2283 has racked up an average of -17.47% over the period. This ranks it number 3171th in the whole country for real estate investors looking at median house price increases.
The most recent median price for Rathmines is $512500, with sellers offering an average of -7.57% off the asking price.
On average over the past year, suburb has had 2.83 sales per month, which equates to 34 per year.
A $420 per week rent on the median house gives suburb investors a gross yield of circa 4.26%, without taking into account capital value appreciation, which has been averaging out at 5.32%.