Pyrmont has had a pretty average year for property investment returns compared to the rest of NSW, giving investors a capital gain of 9.38% to date .
Taking the average capital gain, or increase in median house value, Pyrmont,2009 has racked up an average of 9.38% over the period. This ranks it number 1110th in the whole country for real estate investors looking at median house price increases.
Property investors should expect to get $735 weekly from the median priced house in this suburb.
Pyrmont has had a pretty good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 10.07% to date .
The five-year average increase in median property values for Pyrmont,2009 has given property investors a potential capital gain of 48.15% across each of those five years.
Property investors looking for a bargain in Pyrmont should be aiming for at least -5.52% off the asking price, which is the average vendor discount being achieved at the moment.
With the median price for a house in Pyrmont being $1000000 and the advertised rent reaching $750 the gross rental yield for property investors calculates out to be 3.90%