If you compare the increase in value of investment property in Haymarket, 2000 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 7.79%.
If we look at median property appreciation over just the last three months, Haymarket has given property investors a paper return of 0.11%. This puts Suburb as 387 on a list of fastest fasting appreciating suburbs in NSW
Property investors looking for a bargain in Haymarket should be aiming for at least -3.78% off the asking price, which is the average vendor discount being achieved at the moment.
Advertised rents are around the $800 mark per week – giving a return of 4.42% based on the median price in Suburb