Property value increases in Greenwich have tracked just lower than the NSW average of 9.74% over the last 12 months.
A 58.87% growth in median value for property investors in Greenwich,2065 puts this suburb at number 221th in terms of best performing suburbs in NSW
On average over the past year, suburb has had 4.17 sales per month, which equates to 50 per year.
Greenwich is 991th on a list of best yielding suburbs for rents in NSW with a 2.57% return
Property value increases in Greenwich have tracked just lower than the NSW average of 6.96% over the last 12 months.
Comparing Greenwich,2065 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Property investors looking for a bargain in Greenwich should be aiming for at least -2.35% off the asking price, which is the average vendor discount being achieved at the moment.
On average over the past year, suburb has had 4.83 sales per month, which equates to 58 per year.
Using the current median advertised rental of $575 and the average annual increase in value of a median property of 9.49%, investors should hope to achieve an overall return of 3.93%