Property value increases in Petersham have tracked higher than the NSW average of 10.13% over the last 12 months.
When looking at the potential capital gains offered to property investors over the last 3 years, Petersham comes in at number 100th in NSW.
Property investors looking for a bargain in Petersham should be aiming for at least -6.40% off the asking price, which is the average vendor discount being achieved at the moment.
On average over the past year, suburb has had 6.25 sales per month, which equates to 75 per year.
Renters in Suburb are facing rents around $9000 per annum or $750 every week.
Giving property investors a an average capital gain of 1.45% for the last year, Petersham, 2049 is the 1023th highest performer in Australia in this respect.
Petersham,2049 has offered an average of 1.45% return per annum in house price rises to property investors over the last three years.
Vendor discounting in Petersham is giving property investors an average Vendor Discount of around -5.48%. This puts suburb at number 78th in NSW when ranking the most discounted suburbs.
Advertised rents are around the $495 mark per week – giving a return of 3.68% based on the median price in Suburb