Investment property in Ropes Crossing has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 10.72%
Taking the average capital gain, or increase in median house value, Ropes Crossing,2760 has racked up an average of 10.72% over the period. This ranks it number 2608th 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 -4.76. This rate of discount on properties puts Suburb at number 763th in terms of most discounted suburbs in NSW
In the last year 81 properties changed hands in Ropes Crossing, which puts it as the 392th most active market in NSW when comparing the number of sales per suburb.
Using the current median advertised rental of $500 and the average annual increase in value of a median property of 5.70%, investors should hope to achieve an overall return of 3.71%
Ropes Crossing has had a very poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of -15.62% to date .
Ropes Crossing,2760 has offered an average of -15.62% return per annum in house price rises to property investors over the last three years.
Our latest figures would indicate that property sellers in Ropes Crossing are currently offering property investors an average price cut of -1.81% below the asking price at the moment.
Residents and property investors in Ropes Crossing have been waiting around 107.519 days to sell a property.
Ropes Crossing is 35th on a list of best yielding suburbs for rents in NSW with a 4.96% return