At number 1501th in the list of Australian suburbs ordered by increase in median house value over the last year, Petersham, 2049 is in the top 40% with a property value increase of 7.28% recorded in median house prices.
Petersham,2049 has offered an average of 7.28% return per annum in house price rises to property investors over the last three years.
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 Petersham, 2049. Typically our figures indicate that -7.14% is being offered, which puts this NSW suburb at 1198th most discounted overall in Australia.
Often selling an investment property can take time, and in Petersham the average time real estate has been on the market is 53.3 days.
With the median price for a house in Petersham being $1362500 and the advertised rent reaching $800 the gross rental yield for property investors calculates out to be 3.05%
Property investors who have had real estate in Petersham, 2049 should be relatively pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 5.22%
The five-year average increase in median property values for Petersham,2049 has given property investors a potential capital gain of 48.03% across each of those five years.
At number 308th of NSW’s most discounted properties, Petersham is in the TOP 40% of the state/territory when listing in order of most discounted to least.
Renters in Suburb are facing rents around $5640 per annum or $470 every week.