Property value increases in Picton have tracked lower than the NSW average of 0.15% over the last 12 months.
When looking at the potential capital gains offered to property investors over the last 3 years, Picton comes in at number 1024th in NSW.
Picton2571 is located in NSW which offers an average discount of -6.70% to property investors. Picton itself is showing figures that indicate -7.64% is the average achievable by property buyers investing in the suburb.
In the last year 75 properties changed hands in Picton, which puts it as the 365th most active market in NSW when comparing the number of sales per suburb.
A $460 per week rent on the median house gives suburb investors a gross yield of circa 3.39%, without taking into account capital value appreciation, which has been averaging out at 6.49%.
The five-year average increase in median property values for Picton,2571 has given property investors a potential capital gain of 25.44% across each of those five years.
Our latest figures would indicate that property sellers in Picton are currently offering property investors an average price cut of -5.41% below the asking price at the moment.
Renters in Suburb are facing rents around $18720 per annum or $360 every week.