With a capital gain of 13.45% for the last 12 months, Rutherford, 2320 has performed for property investments than its average annual 3.56% property growth over the last 5 years.
While Rutherford,2320 ranked number 761th in NSW for increase in median house value (annualised) increase, it is ranked 1161th over the last 5 years.
Rutherford, 2320 is offering NSW ‘s 902th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 30% of discounts offered by this NSW.
Using the current median advertised rental of $360 and the average annual increase in value of a median property of 3.56%, investors should hope to achieve an overall return of 4.80%
If you compare the increase in value of investment property in Rutherford, 2320 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 6.64%.
Rutherford,2320 was ranked 293 in Australia by increase in median property value over the quarter.
At number 405th of NSW’s most discounted properties, Rutherford is in the TOP 20% of the state/territory when listing in order of most discounted to least.
With the median price for a house in Rutherford being $289000 and the advertised rent reaching $310 the gross rental yield for property investors calculates out to be 5.58%