Property value increases in Telopea have tracked close to the NSW average of 11.06% over the last 12 months.
Telopea,2117 was ranked 711 in Australia by increase in median property value over the quarter.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.22% offered to property buyers. Sellers in Telopea itself are offering an average vendor discount of -9.38% to real estate investors.
At number 677 in a list of fastest selling suburbs, Telopea is in the TOP 20% of suburbs in Australia with an average of days on market 47.61 for properties listed there.
Property investors should expect to get $550 weekly from the median priced house in this suburb.
With a capital gain of 3.81% for the last 12 months, Telopea, 2117 has performed for property investments than its average annual 6.10% property growth over the last 5 years.
The five-year average increase in median property values for Telopea,2117 has given property investors a potential capital gain of 46.88% across each of those five years.
At number 292th of NSW’s most discounted properties, Telopea is in the TOP 40% of the state/territory when listing in order of most discounted to least.
Often selling an investment property can take time, and in Telopea the average time real estate has been on the market is 44.52 days.