Giving property investors a a solid capital gain of 12.38% for the last year, Ermington, 2115 is the 757th highest performer in Australia in this respect.
Across a shorter period, Ermington, 2115 has seen a median price increase of 1.29% over the last quarter.
The most recent median price for Ermington is $1180000, with sellers offering an average of -7.12% off the asking price.
Using the current median advertised rental of $520 and the average annual increase in value of a median property of 9.46%, investors should hope to achieve an overall return of 2.29%
NSW has seen average median house prices change by 6.59% which means that Ermington, 2115 has done well for property investors by showing a capital gain of 2.25% over the last year
Taking the average capital gain, or increase in median house value, Ermington,2115 has racked up an average of 2.25% over the period. This ranks it number 297th in the whole country for real estate investors looking at median house price increases.
Ermington2115 is located in NSW which offers an average discount of -4.48% to property investors. Ermington itself is showing figures that indicate -3.20% is the average achievable by property buyers investing in the suburb.
With the median price for a house in Ermington being $817000 and the advertised rent reaching $580 the gross rental yield for property investors calculates out to be 3.69%