Rydalmere is in the bottom 30% in NSW when comparing median price capital growth over the last year. Rydalmere gave property investors a disappointing capital gain figure when compared to the rest of the state, with 1.85%.
Rydalmere,2116 has offered an average of 1.85% return per annum in house price rises to property investors over the last three years.
Vendor discounting in Rydalmere is giving property investors an average Vendor Discount of around -5.26%. This puts suburb at number 588th in NSW when ranking the most discounted suburbs.
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%
Investment property in Rydalmere has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 1.72%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Rydalmere has increased when compared to the 5 year average annual rate.
Sellers are offering property buyers an average discount of -6.32% to buyers in Rydalmere at the moment, which is less than average for the rest of NSW.
On average over the past year, suburb has had 4.92 sales per month, which equates to 59 per year.