Property value increases in Greenwich have tracked close to the NSW average of 8.99% over the last 12 months.
When looking at the potential capital gains offered to property investors over the last 3 years, Greenwich comes in at number 608th in NSW.
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 Greenwich, 2065. Typically our figures indicate that -8.47% is being offered, which puts this NSW suburb at 628th most discounted overall in Australia.
A $1025 per week rent on the median house gives suburb investors a gross yield of circa 2.31%, without taking into account capital value appreciation, which has been averaging out at 7.42%.
Greenwich has had a very poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of -0.96% to date .
While Greenwich,2065 ranked number 419th in NSW for increase in median house value (annualised) increase, it is ranked 318th over the last 5 years.
Greenwich, 2065 is offering NSW ‘s 88th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 20% of discounts offered by this NSW.
Property investors should expect to get $550 weekly from the median priced house in this suburb.