At number 353th in the list of Australian suburbs ordered by increase in median house value over the last year, Drummoyne, 2047 is in the top 10% with a property value increase of 20.86% recorded in median house prices.
Drummoyne,2047 was ranked 335 in Australia by increase in median property value over the quarter.
Property investors looking for a bargain in Drummoyne should be aiming for at least -12.96% off the asking price, which is the average vendor discount being achieved at the moment.
Drummoyne is 1160th on a list of best yielding suburbs for rents in NSW with a 1.89% return
Giving property investors a a solid capital gain of 15.83% for the last year, Drummoyne, 2047 is the 254th highest performer in Australia in this respect.
Drummoyne,2047 was ranked 625 in Australia by increase in median property value over the quarter.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Drummoyne, 2047. Typically our figures indicate that -5.35% is being offered, which puts this NSW suburb at 631th most discounted overall in Australia.
Renters in Suburb are facing rents around $7800 per annum or $650 every week.