NSW has seen average median house prices change by 9.74% which means that Rydalmere, 2116 has done well for property investors by showing a capital gain of -2.05% over the last year
A 78.86% growth in median value for property investors in Rydalmere,2116 puts this suburb at number 749th in terms of best performing suburbs in NSW
Our latest figures would indicate that property sellers in Rydalmere are currently offering property investors an average price cut of -4.55% below the asking price at the moment.
With the median price for a house in Rydalmere being $1100000 and the advertised rent reaching $495 the gross rental yield for property investors calculates out to be 2.34%
At number 1397th in the list of Australian suburbs ordered by increase in median house value over the last year, Rydalmere, 2116 is in the BOTTOM 20% with a property value increase of -4.79% recorded in median house prices.
Rydalmere,2116 was ranked 1470 in Australia by increase in median property value over the quarter.
Sellers are offering property buyers an average discount of -6.24% to buyers in Rydalmere at the moment, which is less than average for the rest of NSW.
Often selling an investment property can take time, and in Rydalmere the average time real estate has been on the market is 77.77 days.
Using the current median advertised rental of $500 and the average annual increase in value of a median property of 6.45%, investors should hope to achieve an overall return of 3.74%