NSW has seen average median house prices change by 5.53% which means that Millthorpe, 2798 has done well for property investors by showing a capital gain of -0.62% over the last year
A -4.31% growth in median value for property investors in Millthorpe,2798 puts this suburb at number 481th in terms of best performing suburbs in NSW
State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.88% offered to property buyers. Sellers in Millthorpe itself are offering an average vendor discount of -4.82% to real estate investors.
Using the current median advertised rental of $355 and the average annual increase in value of a median property of 3.73%, investors should hope to achieve an overall return of 4.62%