MAGENTA 2261
State: NSWPosiProp AI Investment Summary
MAGENTA (NSW 2261) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.0% and has experienced a 12-month capital growth of Down -0.3%, with a median house buy price of $1,750,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
–
$1,620,000
$1,900,000
$1,750,000
Suburb Market Profile
Last month Magenta had 1 property available for rent and 12 properties for sale. Median property prices over the last year range from $1,750,000 for houses to $840,000 for units. If you are looking for an investment property, consider houses in Magenta rent out for $840 PW with an annual rental yield of 3.0% and units rent for $725 PW with a rental yield of 3.8%. Magenta has seen an annual compound growth rate of -0.3% for houses and -6.7% for units.