Property investors who have had real estate in Paddington, 2021 should be pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 21.05%
A 67.27% growth in median value for property investors in Paddington,2021 puts this suburb at number 257th in terms of best performing suburbs in NSW
LACK OF BUYER INTEREST may well be the reason that Paddington is offering property investors an average of -5.35. This rate of discount on properties puts Suburb at number 1126th in terms of most discounted suburbs in NSW
Advertised rents are around the $1150 mark per week – giving a return of 2.60% based on the median price in Suburb
Giving property investors a a solid capital gain of 22.09% for the last year, Paddington, 2021 is the 115th highest performer in Australia in this respect.
Taking the average capital gain, or increase in median house value, Paddington,2021 has racked up an average of 22.09% over the period. This ranks it number 57th in the whole country for real estate investors looking at median house price increases.
State is the 8th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.23% offered to property buyers. Sellers in Paddington itself are offering an average vendor discount of -2.89% to real estate investors.
Paddington is 544th on a list of best yielding suburbs for rents in NSW with a 2.87% return