NSW has seen average median house prices change by 11.06% which means that Denistone East, 2112 has done well for property investors by showing a capital gain of -0.15% over the last year
Taking the average capital gain, or increase in median house value, Denistone East,2112 has racked up an average of -0.15% over the period. This ranks it number 959th in the whole country for real estate investors looking at median house price increases.
Our latest figures would indicate that property sellers in Denistone East are currently offering property investors an average price cut of -10.36% below the asking price at the moment.
Often selling an investment property can take time, and in Denistone East the average time real estate has been on the market is 65 days.
A $630 per week rent on the median house gives suburb investors a gross yield of circa 2.03%, without taking into account capital value appreciation, which has been averaging out at 9.86%.