Investment property in Sydney has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 10.80%
Sydney,2000 was ranked 934 in Australia by increase in median property value over the quarter.
Vendor discounting in Sydney is giving property investors an average Vendor Discount of around -5.36%. This puts suburb at number 94th in NSW when ranking the most discounted suburbs.
Residents and property investors in Sydney have been waiting around 55.46 days to sell a property.
A $682.5 per week rent on the median house gives suburb investors a gross yield of circa 4.43%, without taking into account capital value appreciation, which has been averaging out at 5.47%.