With a capital gain of 6.12% for the last 12 months, Oatlands, 2117 has performed for property investments than its average annual 6.57% property growth over the last 5 years.
Taking the average capital gain, or increase in median house value, Oatlands,2117 has racked up an average of 6.12% over the period. This ranks it number 543th in the whole country for real estate investors looking at median house price increases.
LACK OF BUYER INTEREST may well be the reason that Oatlands is offering property investors an average of -5.52. This rate of discount on properties puts Suburb at number 598th in terms of most discounted suburbs in NSW
Residents and property investors in Oatlands have been waiting around 90.24 days to sell a property.
A $620 per week rent on the median house gives suburb investors a gross yield of circa 2.48%, without taking into account capital value appreciation, which has been averaging out at 6.57%.
NSW has seen average median house prices change by 8.14% which means that Oatlands, 2117 has done well for property investors by showing a capital gain of 13.31% over the last year
If we look at median property appreciation over just the last three months, Oatlands has given property investors a paper return of 3.81%. This puts Suburb as 99 on a list of fastest fasting appreciating suburbs in NSW
Our latest figures would indicate that property sellers in Oatlands are currently offering property investors an average price cut of -3.81% below the asking price at the moment.
Residents and property investors in Oatlands have been waiting around 57.13 days to sell a property.
Advertised rents are around the $600 mark per week – giving a return of 3.88% based on the median price in Suburb