Best Liverpool Suburbs over the last 10 years for Rental Yield and Capital Growth
Investing in real estate in Liverpool Council area in New South Wales can be a smart financial move for those looking for both rental yield and capital growth. According to property market analysis firms and real estate agencies, here are the top 5 suburbs in Liverpool that have seen impressive growth over the past 10 years.
Casula
This suburb has experienced a significant increase in median house prices of about 40% in the past decade, making it an excellent investment opportunity. Moreover, Casula has an average rental yield of around 4.5%, making it a great choice for investors looking for rental income.
Lurnea
Located just a short distance from Liverpool, Lurnea has also seen strong capital growth, with median house prices increasing by approximately 35% in the past 10 years. The suburb also has a relatively high rental yield, with the average rental return for houses at around 4.3%.
Prestons
With median house prices rising by about 30% in the past decade, Prestons is another Liverpool suburb worth considering for real estate investment. The suburb has an average rental yield of around 4.2%, making it a profitable choice for investors.
Chipping Norton
Chipping Norton has experienced strong capital growth in recent years, with median house prices increasing by around 25% in the past decade. The suburb also has a relatively high rental yield, with the average rental return for houses at around 4.1%.
Moorebank
With an increase of approximately 20% in median house prices in the past decade, Moorebank is a Liverpool suburb that has also shown impressive growth. It has an average rental yield of around 4.0%, making it a potential investment opportunity.
Important Note
When investing in real estate, it’s essential to remember that these figures are only a general guide and that specific properties and market conditions may impact the investment. It’s always wise to conduct thorough research and seek advice from a financial professional before making any property investment decisions.
The Suburb scorecard on from realestate.com.au is a great resource for investing in real estate in Liverpool. You can access each postcode and its performance. See the report card for each suburb here.