Millthorpe has had a pretty good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 13.91% to date .
Taking the average capital gain, or increase in median house value, Millthorpe,2798 has racked up an average of 13.91% over the period. This ranks it number 2905th in the whole country for real estate investors looking at median house price increases.
Millthorpe, 2798 is offering NSW ‘s 490th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this NSW.
Often selling an investment property can take time, and in Millthorpe the average time real estate has been on the market is 54.09 days.
Using the current median advertised rental of $340 and the average annual increase in value of a median property of 5.66%, investors should hope to achieve an overall return of 4.50%