Greenwich is in the bottom 20% in NSW when comparing median price capital growth over the last year. Greenwich gave property investors a dismal capital gain figure when compared to the rest of the state, with 0.21%.
The five-year average increase in median property values for Greenwich,2065 has given property investors a potential capital gain of 46.62% across each of those five years.
With the median price for a house in Greenwich being $2365000 and the advertised rent reaching $1200 the gross rental yield for property investors calculates out to be 2.64%
Investment property in Greenwich has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 6.90%
Over the longer term, Greenwich has seen property prices show investors a 27.15% return over the last 3 years. This is worse than over the last 12 months
The most recent median price for Greenwich is $775000, with sellers offering an average of -2.35% off the asking price.
Situated 5.34km from the CBD, Greenwich is one of Lane Cove localities in the postcode 2065.