If you compare the increase in value of investment property in Petersham, 2049 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 18.11%.
Petersham,2049 was ranked 139 in Australia by increase in median property value over the quarter.
Often selling an investment property can take time, and in Petersham the average time real estate has been on the market is 55.66 days.
NSW has seen average median house prices change by 5.59% which means that Petersham, 2049 has done well for property investors by showing a capital gain of 0.15% over the last year
While Petersham,2049 ranked number 469th in NSW for increase in median house value (annualised) increase, it is ranked 322th over the last 5 years.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.45% offered to property buyers. Sellers in Petersham itself are offering an average vendor discount of -3.97% to real estate investors.
Petersham, 2049’s gross rental yield is 3.87%