Telopea is in the bottom 20% in NSW when comparing median price capital growth over the last year. Telopea gave property investors a dismal capital gain figure when compared to the rest of the state, with 0.00%.
The five-year average increase in median property values for Telopea,2117 has given property investors a potential capital gain of 100.00% across each of those five years.
The most recent median price for Telopea is $1200000, with sellers offering an average of -4.93% off the asking price.
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 3.17%
While Telopea,2117 ranked number 346th in NSW for increase in median house value (annualised) increase, it is ranked 304th over the last 5 years.
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 Telopea, 2117. Typically our figures indicate that -3.94% is being offered, which puts this NSW suburb at 1056th most discounted overall in Australia.
Using the current median advertised rental of $475 and the average annual increase in value of a median property of 6.27%, investors should hope to achieve an overall return of 3.80%