Over the last year, property investments in Dundas Valley, 2117 have given investors a capital gain of 0.55%. This compares badly with the 7.28% for NSW as a whole.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Dundas Valley has increased when compared to the 5 year average annual rate.
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 Dundas Valley itself are offering an average vendor discount of -7.52% to real estate investors.
Advertised rents are around the $540 mark per week – giving a return of 2.54% based on the median price in Suburb
At number 657th in the list of Australian suburbs ordered by increase in median house value over the last year, Dundas Valley, 2117 is in the top 40% with a property value increase of 5.59% recorded in median house prices.
Dundas Valley,2117 was ranked 1150 in Australia by increase in median property value over the quarter.
LACK OF BUYER INTEREST may well be the reason that Dundas Valley is offering property investors an average of -4.41. This rate of discount on properties puts Suburb at number 202th in terms of most discounted suburbs in NSW
Often selling an investment property can take time, and in Dundas Valley the average time real estate has been on the market is 42.85 days.
Renters in Suburb are facing rents around $7800 per annum or $650 every week.