Investment property in Ropes Crossing 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 -7.21%
Taking the average capital gain, or increase in median house value, Ropes Crossing,2760 has racked up an average of -7.21% over the period. This ranks it number 2825th in the whole country for real estate investors looking at median house price increases.
LACK OF BUYER INTEREST may well be the reason that Ropes Crossing is offering property investors an average of -7.32. This rate of discount on properties puts Suburb at number 603th in terms of most discounted suburbs in NSW
In the last year 81 properties changed hands in Ropes Crossing, which puts it as the 283th most active market in NSW when comparing the number of sales per suburb.
A $495 per week rent on the median house gives suburb investors a gross yield of circa 4.08%, without taking into account capital value appreciation, which has been averaging out at 4.55%.