Property investors who have had real estate in Ropes Crossing, 2760 should be unhappy with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -18.44%
Ropes Crossing,2760 has offered an average of -18.44% return per annum in house price rises to property investors over the last three years.
The most recent median price for Ropes Crossing is $776000, with sellers offering an average of 0.00% off the asking price.
In the last year 110 properties changed hands in Ropes Crossing, which puts it as the 324th most active market in NSW when comparing the number of sales per suburb.
With a capital gain of 14.76% for the last 12 months, Ropes Crossing, 2760 has performed for property investments than its average annual 8.08% property growth over the last 5 years.
Over the longer term, Ropes Crossing has seen property prices show investors a 35.24% return over the last 3 years. This is worse than over the last 12 months
At number 45th of NSW’s most discounted properties, Ropes Crossing is in the bottom 10% of the state/territory when listing in order of most discounted to least.
On average over the past year, suburb has had 2.17 sales per month, which equates to 26 per year.
Using the current median advertised rental of $787.5 and the average annual increase in value of a median property of 8.08%, investors should hope to achieve an overall return of 7.46%