Investment property in Cambridge Park has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -5.21%
Comparing Cambridge Park,2747 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Property buyers and investors in Cambridge Park 2747 should be seeing an average reduction in asking price of around -7.81% . This means that Cambridge Park is holding prices well when compared to other suburbs in NSW.
Using the current median advertised rental of $400 and the average annual increase in value of a median property of 7.34%, investors should hope to achieve an overall return of 3.49%
Giving property investors a an average capital gain of -2.82% for the last year, Cambridge Park, 2747 is the 844th highest performer in Australia in this respect.
Cambridge Park,2747 was ranked 413 in Australia by increase in median property value over the quarter.
LACK OF BUYER INTEREST may well be the reason that Cambridge Park is offering property investors an average of -6.57. This rate of discount on properties puts Suburb at number 48th in terms of most discounted suburbs in NSW
With the median price for a house in Cambridge Park being $517500 and the advertised rent reaching $400 the gross rental yield for property investors calculates out to be 4.02%