At number 1074th in the list of Australian suburbs ordered by increase in median house value over the last year, Gordon, 2072 is in the top 30% with a property value increase of 11.08% recorded in median house prices.
While Gordon,2072 ranked number 84th in NSW for increase in median house value (annualised) increase, it is ranked 260th over the last 5 years.
Our latest figures would indicate that property sellers in Gordon are currently offering property investors an average price cut of -4.68% below the asking price at the moment.
On average over the past year, suburb has had 5.92 sales per month, which equates to 71 per year.
Using the current median advertised rental of $1100 and the average annual increase in value of a median property of 6.02%, investors should hope to achieve an overall return of 2.49%
If you compare the increase in value of investment property in Gordon, 2072 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 12.89%.
Gordon,2072 has offered an average of 12.89% return per annum in house price rises to property investors over the last three years.
Gordon2072 is located in NSW which offers an average discount of -4.33% to property investors. Gordon itself is showing figures that indicate -2.40% is the average achievable by property buyers investing in the suburb.
Gordon, 2072’s gross rental yield is 3.33%