With a capital gain of -7.46% for the last 12 months, Sydney, 2000 has performed for property investments than its average annual 4.85% property growth over the last 5 years.
Comparing Sydney,2000 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
LACK OF BUYER INTEREST may well be the reason that Sydney is offering property investors an average of -4.45. This rate of discount on properties puts Suburb at number 189th in terms of most discounted suburbs in NSW
On average over the past year, suburb has had 38.08 sales per month, which equates to 457 per year.
With the median price for a house in Sydney being $720000 and the advertised rent reaching $690 the gross rental yield for property investors calculates out to be 4.98%