Gordon, 2072 ranked 135th in NSW when comparing growth in median property values or capital gain over the last 12 months. Gordon is one of 3163 in our list for NSW
The five-year average increase in median property values for Gordon,2072 has given property investors a potential capital gain of 105.25% across each of those five years.
LACK OF BUYER INTEREST may well be the reason that Gordon is offering property investors an average of -5.28. This rate of discount on properties puts Suburb at number 1192th in terms of most discounted suburbs in NSW
On average over the past year, suburb has had 5.58 sales per month, which equates to 67 per year.
Gordon is 1059th on a list of best yielding suburbs for rents in NSW with a 2.34% return
Property investors who have had real estate in Gordon, 2072 should be ok with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 3.22%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Gordon has increased when compared to the 5 year average annual rate.
Sellers are offering property buyers an average discount of -4.29% to buyers in Gordon at the moment, which is less than average for the rest of NSW.
Renters in Suburb are facing rents around $7800 per annum or $650 every week.