Giving property investors a a poor capital gain of -9.70% for the last year, The Ponds, 2769 is the 3339th highest performer in Australia in this respect.
Over the longer term, The Ponds has seen property prices show investors a -0.63% return over the last 3 years. This is worse than over the last 12 months
Our latest figures would indicate that property sellers in The Ponds are currently offering property investors an average price cut of -8.33% below the asking price at the moment.
On average over the past year, suburb has had 20.42 sales per month, which equates to 245 per year.
With the median price for a house in The Ponds being $770000 and the advertised rent reaching $487.5 the gross rental yield for property investors calculates out to be 3.29%