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 -6.67%
While Gordon,2072 ranked number 1206th in NSW for increase in median house value (annualised) increase, it is ranked 534th over the last 5 years.
Sellers are offering property buyers an average discount of -6.59% 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 $1960000 and the advertised rent reaching $937.5 the gross rental yield for property investors calculates out to be 2.49%
Property value increases in Gordon have tracked just higher than the NSW average of 6.59% over the last 12 months.
A 48.85% growth in median value for property investors in Gordon,2072 puts this suburb at number 56th in terms of best performing suburbs in NSW
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.48% offered to property buyers. Sellers in Gordon itself are offering an average vendor discount of -4.36% to real estate investors.
Advertised rents are around the $650 mark per week – giving a return of 3.47% based on the median price in Suburb