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 2.7% and has experienced a 12-month capital growth of Down -1.1%, with a median house buy price of $2,521,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$2,457,000
$2,577,900
$2,387,000
$2,521,000
Suburb Market Profile
Last month Monterey had 19 properties available for rent and 17 properties for sale. Median property prices over the last year range from $2,521,000 for houses to $867,500 for units. If you are looking for an investment property, consider houses in Monterey rent out for $1,050 PW with an annual rental yield of 2.7% and units rent for $700 PW with a rental yield of 4.0%. Monterey has seen an annual compound growth rate of -1.1% for houses and 5.2% for units.