Epping is an average performer in NSW when comparing median price capital growth over the last year. Epping gave property investors a average capital gain figure when compared to the rest of the state, with 5.88%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Epping has increased when compared to the 5 year average annual rate.
Vendor discounting in Epping is giving property investors an average Vendor Discount of around -7.17%. This puts suburb at number 221th in NSW when ranking the most discounted suburbs.
Situated 15.70km from the CBD, Epping is one of Parramatta localities in the postcode 2121.
Property investors who have had real estate in Epping, 2121 should be relatively unhappy with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -1.28%
Taking the average capital gain, or increase in median house value, Epping,2121 has racked up an average of -1.28% over the period. This ranks it number 544th in the whole country for real estate investors looking at median house price increases.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.33% offered to property buyers. Sellers in Epping itself are offering an average vendor discount of -3.70% to real estate investors.
Renters in Suburb are facing rents around $6600 per annum or $550 every week.