Investment property in Gordon has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -10.91%
A 44.65% growth in median value for property investors in Gordon,2072 puts this suburb at number 1173th in terms of best performing suburbs in NSW
Vendor discounting in Gordon is giving property investors an average Vendor Discount of around -8.02%. This puts suburb at number 140th in NSW when ranking the most discounted suburbs.
With the median price for a house in Gordon being $1960000 and the advertised rent reaching $945 the gross rental yield for property investors calculates out to be 2.51%
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 12.22%.
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 -4.56% to buyers in Gordon at the moment, which is less than average for the rest of NSW.
With the median price for a house in Gordon being $1010000 and the advertised rent reaching $650 the gross rental yield for property investors calculates out to be 3.35%