Over the last year, property investments in Ermington, 2115 have given investors a capital gain of 9.51%. This compares favourably with the 7.28% for NSW as a whole.
Comparing Ermington,2115 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.49% offered to property buyers. Sellers in Ermington itself are offering an average vendor discount of -7.53% to real estate investors.
Often selling an investment property can take time, and in Ermington the average time real estate has been on the market is 74.92 days.
Ermington, 2115’s gross rental yield is 2.23%
Property value increases in Ermington have tracked lower than the NSW average of 5.73% over the last 12 months.
Ermington,2115 was ranked 1556 in Australia by increase in median property value over the quarter.
Ermington, 2115 is offering NSW ‘s 424th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 20% of discounts offered by this NSW.
Ermington is 367th on a list of best yielding suburbs for rents in NSW with a 3.85% return