Investment property in Dundas has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 1.84%
Over the longer term, Dundas has seen property prices show investors a 60.14% return over the last 3 years. This is worse than over the last 12 months
Property buyers and investors in Dundas 2117 should be seeing an average reduction in asking price of around -6.37% . This means that Dundas is holding prices well when compared to other suburbs in NSW.
A $550 per week rent on the median house gives suburb investors a gross yield of circa 2.59%, without taking into account capital value appreciation, which has been averaging out at 9.39%.
Over the last year, property investments in Dundas, 2117 have given investors a capital gain of -4.57%. This compares very badly with the 5.41% for NSW as a whole.
Dundas,2117 was ranked 441 in Australia by increase in median property value over the quarter.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Dundas, 2117. Typically our figures indicate that -6.58% is being offered, which puts this NSW suburb at 340th most discounted overall in Australia.