MONTEREY 2217
State: NSWPosiProp AI Investment Summary
MONTEREY (NSW 2217) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.1% and has experienced a 12-month capital growth of Down -5.7%, with a median house buy price of $2,442,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$2,457,000
$2,290,000
$2,482,500
$2,442,000
Suburb Market Profile
Last month Monterey had 21 properties available for rent and 13 properties for sale. Median property prices over the last year range from $2,442,000 for houses to $1,085,000 for units. If you are looking for an investment property, consider houses in Monterey rent out for $1,200 PW with an annual rental yield of 3.1% and units rent for $705 PW with a rental yield of 4.3%. Monterey has seen an annual compound growth rate of -5.7% for houses and 19.9% for units.
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