NSW has seen average median house prices change by 7.15% which means that Greenwich, 2065 has done well for property investors by showing a capital gain of 17.80% over the last year
The five-year average increase in median property values for Greenwich,2065 has given property investors a potential capital gain of 47.26% across each of those five years.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.53% offered to property buyers. Sellers in Greenwich itself are offering an average vendor discount of -8.47% to real estate investors.
A $1050 per week rent on the median house gives suburb investors a gross yield of circa 2.26%, without taking into account capital value appreciation, which has been averaging out at 7.83%.
Giving property investors a an unimpressive capital gain of -1.76% for the last year, Greenwich, 2065 is the 1237th highest performer in Australia in this respect.
Comparing Greenwich,2065 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
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 -6.95% is being offered, which puts this NSW suburb at 279th most discounted overall in Australia.
Renters in Suburb are facing rents around $6600 per annum or $550 every week.