Barrack Heights has had a quite poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of -8.28% to date .
Comparing Barrack Heights,2528 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Our latest figures would indicate that property sellers in Barrack Heights are currently offering property investors an average price cut of -7.91% below the asking price at the moment.
On average over the past year, suburb has had 4.92 sales per month, which equates to 59 per year.
Renters in Suburb are facing rents around $24180 per annum or $465 every week.
Investment property in Barrack Heights has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 8.27%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Barrack Heights has increased when compared to the 5 year average annual rate.
Using the current median advertised rental of $350 and the average annual increase in value of a median property of 9.12%, investors should hope to achieve an overall return of 4.09%