If you compare the increase in value of investment property in Picton, 2571 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this NSW suburb was -11.74%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Picton has increased when compared to the 5 year average annual rate.
Picton2571 is located in NSW which offers an average discount of -7.38% to property investors. Picton itself is showing figures that indicate -9.33% is the average achievable by property buyers investing in the suburb.
In the last year 65 properties changed hands in Picton, which puts it as the 385th most active market in NSW when comparing the number of sales per suburb.
Advertised rents are around the $470 mark per week – giving a return of 3.64% based on the median price in Suburb