Drummoyne, 2047 ranked 475th in NSW when comparing growth in median property values or capital gain over the last 12 months. Drummoyne is one of 3163 in our list for NSW
Drummoyne,2047 has offered an average of 10.75% return per annum in house price rises to property investors over the last three years.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.49% offered to property buyers. Sellers in Drummoyne itself are offering an average vendor discount of -7.14% to real estate investors.
Investment property in Drummoyne has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 13.58%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Drummoyne has increased when compared to the 5 year average annual rate.
Sellers are offering property buyers an average discount of -6.41% to buyers in Drummoyne at the moment, which is less than average for the rest of NSW.
Often selling an investment property can take time, and in Drummoyne the average time real estate has been on the market is 36.7 days.
Renters in Suburb are facing rents around $7500 per annum or $625 every week.