Ermington, 2115 ranked 772th in NSW when comparing growth in median property values or capital gain over the last 12 months. Ermington is one of 3163 in our list for NSW
A 98.05% growth in median value for property investors in Ermington,2115 puts this suburb at number 792th in terms of best performing suburbs in NSW
LACK OF BUYER INTEREST may well be the reason that Ermington is offering property investors an average of -5.22. This rate of discount on properties puts Suburb at number 744th in terms of most discounted suburbs in NSW
At number 1517 in a list of fastest selling suburbs, Ermington is just in the top half of suburbs in Australia with an average of days on market 66.87 for properties listed there.
Property investors should expect to get $550 weekly from the median priced house in this suburb.
Giving property investors a a poor capital gain of -6.80% for the last year, Ermington, 2115 is the 1463th highest performer in Australia in this respect.
While Ermington,2115 ranked number 392th in NSW for increase in median house value (annualised) increase, it is ranked 370th over the last 5 years.
Property investors looking for a bargain in Ermington should be aiming for at least -4.35% off the asking price, which is the average vendor discount being achieved at the moment.
Ermington, 2115’s gross rental yield is 4.08%