Over the last year, property investments in Rydalmere, 2116 have given investors a capital gain of -3.93%. This compares very badly with the 7.47% for NSW as a whole.
Comparing Rydalmere,2116 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
LACK OF BUYER INTEREST may well be the reason that Rydalmere is offering property investors an average of -5.49. This rate of discount on properties puts Suburb at number 354th in terms of most discounted suburbs in NSW
On average over the past year, suburb has had 4.50 sales per month, which equates to 54 per year.
With the median price for a house in Rydalmere being $1100000 and the advertised rent reaching $490 the gross rental yield for property investors calculates out to be 2.32%
Property investors who have had real estate in Rydalmere, 2116 should be ok with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 3.21%
A 48.97% growth in median value for property investors in Rydalmere,2116 puts this suburb at number 416th in terms of best performing suburbs in NSW
Property buyers and investors in Rydalmere 2116 should be seeing an average reduction in asking price of around -6.50% . This means that Rydalmere is holding prices well when compared to other suburbs in NSW.