Singleton has had a pretty average year for property investment returns compared to the rest of NSW, giving investors a capital gain of -1.30% to date .
Over the longer term, Singleton has seen property prices show investors a 11.76% return over the last 3 years. This is worse than over the last 12 months
Singleton2330 is located in NSW which offers an average discount of -6.46% to property investors. Singleton itself is showing figures that indicate -6.93% is the average achievable by property buyers investing in the suburb.
On average over the past year, suburb has had 10.25 sales per month, which equates to 123 per year.
Property investors should expect to get $400 weekly from the median priced house in this suburb.
Property investors who have had real estate in Singleton, 2330 should be relatively unhappy with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -3.97%
Comparing Singleton,2330 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period
Property buyers and investors in Singleton 2330 should be seeing an average reduction in asking price of around -4.93% . This means that Singleton is holding prices well when compared to other suburbs in NSW.
A $280 per week rent on the median house gives suburb investors a gross yield of circa 6.69%, without taking into account capital value appreciation, which has been averaging out at 7.32%.