NSW has seen average median house prices change by -3.70% which means that Rutherford, 2320 has not done well for property investors by showing a capital gain of 4.59% over the last year
Comparing Rutherford,2320 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Rutherford, 2320. Typically our figures indicate that -5.18% is being offered, which puts this NSW suburb at 2486th most discounted overall in Australia.
With the median price for a house in Rutherford being $410000 and the advertised rent reaching $380 the gross rental yield for property investors calculates out to be 4.82%
Rutherford is in the TOP 10% in NSW when comparing median price capital growth over the last year. Rutherford gave property investors a very good capital gain figure when compared to the rest of the state, with 8.58%.
Over the longer term, Rutherford has seen property prices show investors a 20.20% return over the last 3 years. This is worse than over the last 12 months
Property investors looking for a bargain in Rutherford should be aiming for at least -3.77% off the asking price, which is the average vendor discount being achieved at the moment.
Rutherford is 58th on a list of best yielding suburbs for rents in NSW with a 5.11% return