Investment property in Telopea 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 5.45%
Comparing Telopea,2117 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
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 Telopea itself are offering an average vendor discount of -6.16% to real estate investors.
At number 2167 in a list of fastest selling suburbs, Telopea is just in the bottom half of suburbs in Australia with an average of days on market 87.73 for properties listed there.
Telopea, 2117’s gross rental yield is 2.34%
Property value increases in Telopea have tracked just lower than the NSW average of 5.88% over the last 12 months.
Telopea,2117 has offered an average of 1.03% return per annum in house price rises to property investors over the last three years.
At number 192th of NSW’s most discounted properties, Telopea is in the middle of the state/territory when listing in order of most discounted to least.
On average over the past year, suburb has had 4.33 sales per month, which equates to 52 per year.
Renters in Suburb are facing rents around $5700 per annum or $475 every week.