Over the last year, property investments in Granville, 2142 have given investors a capital gain of 1.59%. This compares badly with the 7.15% for NSW as a whole.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Granville has increased when compared to the 5 year average annual rate.
Property investors looking for a bargain in Granville should be aiming for at least -10.20% off the asking price, which is the average vendor discount being achieved at the moment.
Residents and property investors in Granville have been waiting around 83.27 days to sell a property.
Renters in Suburb are facing rents around $5400 per annum or $450 every week.
With a capital gain of 3.57% for the last 12 months, Granville, 2142 has performed for property investments than its average annual 6.30% property growth over the last 5 years.
The five-year average increase in median property values for Granville,2142 has given property investors a potential capital gain of 47.30% across each of those five years.
Sellers are offering property buyers an average discount of -5.36% to buyers in Granville at the moment, which is less than average for the rest of NSW.