Property value increases in Barrack Heights have tracked just lower than the NSW average of -4.21% over the last 12 months.
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.
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 Barrack Heights, 2528. Typically our figures indicate that -8.54% is being offered, which puts this NSW suburb at 682th most discounted overall in Australia.
At number 290th in the list of Australian suburbs ordered by increase in median house value over the last year, Barrack Heights, 2528 is in the top 20% with a property value increase of 6.45% recorded in median house prices.
Using the current median advertised rental of $350 and the average annual increase in value of a median property of 11.43%, investors should hope to achieve an overall return of 4.16%