At number 1156th in the list of Australian suburbs ordered by increase in median house value over the last year, Drummoyne, 2047 is in the top 30% with a property value increase of 10.53% recorded in median house prices.
Comparing Drummoyne,2047 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
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.
Drummoyne, 2047 ranked 112th 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
Over the longer term, Drummoyne has seen property prices show investors a 32.15% return over the last 3 years. This is worse than over the last 12 months
Drummoyne2047 is located in NSW which offers an average discount of -4.33% to property investors. Drummoyne itself is showing figures that indicate -6.26% is the average achievable by property buyers investing in the suburb.
Often selling an investment property can take time, and in Drummoyne the average time real estate has been on the market is 35.46 days.
The NSW suburb of Drummoyne, 2047 is in the Canada Bay local government area.