At number 1530th in the list of Australian suburbs ordered by increase in median house value over the last year, Drummoyne, 2047 is in the top 40% with a property value increase of 6.89% recorded in median house prices.
Drummoyne,2047 was ranked 1346 in Australia by increase in median property value over the quarter.
Drummoyne, 2047 is offering NSW ‘s 251th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 30% of discounts offered by this NSW.
On average over the past year, suburb has had 6.25 sales per month, which equates to 75 per year.
Drummoyne is 1065th on a list of best yielding suburbs for rents in NSW with a 2.37% return
At number 534th in the list of Australian suburbs ordered by increase in median house value over the last year, Drummoyne, 2047 is in the top 40% with a property value increase of 7.53% recorded in median house prices.
The five-year average increase in median property values for Drummoyne,2047 has given property investors a potential capital gain of 53.85% across each of those five years.
Property buyers and investors in Drummoyne 2047 should be seeing an average reduction in asking price of around -6.53% . This means that Drummoyne is holding prices well when compared to other suburbs in NSW.
The NSW suburb of Drummoyne, 2047 is in the Canada Bay local government area.