Over the last year, property investments in Red Head, 2430 have given investors a capital gain of 39.18%. This compares very favourably with the -4.21% for NSW as a whole.
Red Head,2430 was ranked 72 in Australia by increase in median property value over the quarter.
On average over the past year, suburb has had 0.83 sales per month, which equates to 10 per year.
A $400 per week rent on the median house gives suburb investors a gross yield of circa 3.08%, without taking into account capital value appreciation, which has been averaging out at 9.65%.