West Pennant Hills, 2125 ranked 333th in NSW when comparing growth in median property values or capital gain over the last 12 months. West Pennant Hills is one of 3162 in our list for NSW
A 75.86% growth in median value for property investors in West Pennant Hills,2125 puts this suburb at number 1073th in terms of best performing suburbs in NSW
Our latest figures would indicate that property sellers in West Pennant Hills are currently offering property investors an average price cut of -6.60% below the asking price at the moment.
Often selling an investment property can take time, and in West Pennant Hills the average time real estate has been on the market is 62.1 days.
Using the current median advertised rental of $697.5 and the average annual increase in value of a median property of 9.11%, investors should hope to achieve an overall return of 2.37%
Investment property in West Pennant Hills has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 6.56%
While West Pennant Hills,2125 ranked number 255th in NSW for increase in median house value (annualised) increase, it is ranked 215th over the last 5 years.
Property investors looking for a bargain in West Pennant Hills should be aiming for at least -4.53% off the asking price, which is the average vendor discount being achieved at the moment.
In the last year 14 properties changed hands in West Pennant Hills, which puts it as the 501th most active market in NSW when comparing the number of sales per suburb.