Property value increases in Greenwich have tracked just higher than the NSW average of 8.26% over the last 12 months.
Greenwich,2065 has offered an average of 10.48% return per annum in house price rises to property investors over the last three years.
The most recent median price for Greenwich is $2425000, with sellers offering an average of -18.57% off the asking price.
Over the last year, property investments in Greenwich, 2065 have given investors a capital gain of 1.62%. This compares badly with the 6.07% for NSW as a whole.
If we look at median property appreciation over just the last three months, Greenwich has given property investors a paper return of 3.58%. This puts Suburb as 160 on a list of fastest fasting appreciating suburbs in NSW
Property investors looking for a bargain in Greenwich should be aiming for at least -2.48% off the asking price, which is the average vendor discount being achieved at the moment.
Renters in Suburb are facing rents around $6900 per annum or $575 every week.