Property value increases in Pyrmont have tracked higher than the NSW average of 7.15% over the last 12 months.
Pyrmont,2009 has offered an average of 20.97% return per annum in house price rises to property investors over the last three years.
In the last year 11 properties changed hands in Pyrmont, which puts it as the 1421th most active market in NSW when comparing the number of sales per suburb.
Pyrmont is 1023th on a list of best yielding suburbs for rents in NSW with a 2.62% return
Pyrmont is an average performer in NSW when comparing median price capital growth over the last year. Pyrmont gave property investors a good capital gain figure when compared to the rest of the state, with 9.12%.
When looking at the potential capital gains offered to property investors over the last 3 years, Pyrmont comes in at number 244th in NSW.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.48% offered to property buyers. Sellers in Pyrmont itself are offering an average vendor discount of -4.84% to real estate investors.
Often selling an investment property can take time, and in Pyrmont the average time real estate has been on the market is 52.61 days.
Property investors should expect to get $730 weekly from the median priced house in this suburb.