Property investors who have had real estate in Suffolk Park, 2481 should be pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 22.38%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Suffolk Park has increased when compared to the 5 year average annual rate.
Property buyers and investors in Suffolk Park 2481 should be seeing an average reduction in asking price of around -3.41% . This means that Suffolk Park is holding prices well when compared to other suburbs in NSW.
With the median price for a house in Suffolk Park being $1080000 and the advertised rent reaching $737.5 the gross rental yield for property investors calculates out to be 3.55%
Suffolk Park is in the TOP 20% in NSW when comparing median price capital growth over the last year. Suffolk Park gave property investors a very good capital gain figure when compared to the rest of the state, with 18.11%.
If we look at median property appreciation over just the last three months, Suffolk Park has given property investors a paper return of 4.90%. This puts Suburb as 98 on a list of fastest fasting appreciating suburbs in NSW
A $625 per week rent on the median house gives suburb investors a gross yield of circa 4.33%, without taking into account capital value appreciation, which has been averaging out at 6.50%.