Property value increases in Gordon have tracked lower than the NSW average of 8.99% over the last 12 months.
Comparing Gordon,2072 ‘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 Gordon, 2072. Typically our figures indicate that -6.59% is being offered, which puts this NSW suburb at 1441th most discounted overall in Australia.
Residents and property investors in Gordon have been waiting around 80.06 days to sell a property.
If you compare the increase in value of investment property in Gordon, 2072 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 7.77%.
While Gordon,2072 ranked number 190th in NSW for increase in median house value (annualised) increase, it is ranked 255th over the last 5 years.
The most recent median price for Gordon is $915000, with sellers offering an average of -4.56% off the asking price.
Residents and property investors in Gordon have been waiting around 54.17 days to sell a property.
A $650 per week rent on the median house gives suburb investors a gross yield of circa 3.69%, without taking into account capital value appreciation, which has been averaging out at 4.29%.