Minto is in the bottom 40% in NSW when comparing median price capital growth over the last year. Minto gave property investors a disappointing capital gain figure when compared to the rest of the state, with -4.14%.
When looking at the potential capital gains offered to property investors over the last 3 years, Minto comes in at number 987th in NSW.
Minto, 2566 is offering NSW ‘s 423th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this NSW.
Minto, 2566’s gross rental yield is 3.62%
Minto has had a quite poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of -4.32% to date .
While Minto,2566 ranked number 299th in NSW for increase in median house value (annualised) increase, it is ranked 192th over the last 5 years.
LACK OF BUYER INTEREST may well be the reason that Minto is offering property investors an average of -6.01. This rate of discount on properties puts Suburb at number 43th in terms of most discounted suburbs in NSW
The NSW suburb of Minto, 2566 is in the Campbelltown (C) (NSW) local government area.
Information supplied by:
Median house price: $637,750
Stock on market: -23.3%
12-month growth: -3.4%
Named for the Earl of Minto back in 1882, the Sydney suburb of Minto is known for being the birthplace of quite a few known Rugby league players.
The sports minded will certainly enjoy Minto’s facilities, which include the Minto Indoor Sports Centre. Local basketball and netball teams have played here, with the Macarthur Heat team of NSW’s State Basketball League claiming the sports centre as its home court. The local rugby team plays at the Townson Oval.
After some controversy regarding its maintenance, Minto Mall was sold and eventually refurbished into Minto Marketplace. This new shopping centre contains a Woolworths, Kmart and other retail shops.
Following a positive growth period from 2014-2017, house prices began to slip over January 2018-2019. The number of houses also fell from 58 to 42 in March 2018-2019.