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 3.88%
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.
LACK OF BUYER INTEREST may well be the reason that Rydalmere is offering property investors an average of -5.28. This rate of discount on properties puts Suburb at number 990th in terms of most discounted suburbs in NSW
Residents and property investors in Rydalmere have been waiting around 47.75 days to sell a property.
Renters in Suburb are facing rents around $5910 per annum or $492.5 every week.
Giving property investors a an unimpressive capital gain of -3.21% for the last year, Rydalmere, 2116 is the 1319th highest performer in Australia in this respect.
If we look at median property appreciation over just the last three months, Rydalmere has given property investors a paper return of 0.00%. This puts Suburb as 396 on a list of fastest fasting appreciating suburbs in NSW
Vendor discounting in Rydalmere is giving property investors an average Vendor Discount of around -6.83%. This puts suburb at number 30th in NSW when ranking the most discounted suburbs.
Often selling an investment property can take time, and in Rydalmere the average time real estate has been on the market is 69.73 days.
Renters in Suburb are facing rents around $6000 per annum or $500 every week.