At number 445th in the list of Australian suburbs ordered by increase in median house value over the last year, Ermington, 2115 is in the top 20% with a property value increase of 17.21% recorded in median house prices.
The five-year average increase in median property values for Ermington,2115 has given property investors a potential capital gain of 81.61% across each of those five years.
Ermington2115 is located in NSW which offers an average discount of -5.52% to property investors. Ermington itself is showing figures that indicate -7.56% is the average achievable by property buyers investing in the suburb.
On average over the past year, suburb has had 11.25 sales per month, which equates to 135 per year.
Renters in Suburb are facing rents around $6180 per annum or $515 every week.
Ermington is in the bottom 30% in NSW when comparing median price capital growth over the last year. Ermington gave property investors a disappointing capital gain figure when compared to the rest of the state, with 1.82%.
A 45.37% growth in median value for property investors in Ermington,2115 puts this suburb at number 340th in terms of best performing suburbs in NSW
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 Ermington, 2115. Typically our figures indicate that -3.04% is being offered, which puts this NSW suburb at 1303th most discounted overall in Australia.