Investment property in Rutherford has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 0.15%
When looking at the potential capital gains offered to property investors over the last 3 years, Rutherford comes in at number 252th in NSW.
Property investors looking for a bargain in Rutherford should be aiming for at least -5.15% off the asking price, which is the average vendor discount being achieved at the moment.
Often selling an investment property can take time, and in Rutherford the average time real estate has been on the market is 66.804 days.
Renters in Suburb are facing rents around $20800 per annum or $400 every week.
Rutherford, 2320 ranked 83th in NSW when comparing growth in median property values or capital gain over the last 12 months. Rutherford is one of 3163 in our list for NSW
Over the longer term, Rutherford has seen property prices show investors a 27.22% return over the last 3 years. This is worse than over the last 12 months
State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.01% offered to property buyers. Sellers in Rutherford itself are offering an average vendor discount of -5.76% to real estate investors.
Often selling an investment property can take time, and in Rutherford the average time real estate has been on the market is 119.889 days.
A $320 per week rent on the median house gives suburb investors a gross yield of circa 4.84%, without taking into account capital value appreciation, which has been averaging out at 3.85%.