At number 3286th in the list of Australian suburbs ordered by increase in median house value over the last year, Granville, 2142 is in the BOTTOM 30% with a property value increase of -3.54% recorded in median house prices.
Granville,2142 has offered an average of -3.54% return per annum in house price rises to property investors over the last three years.
Our latest figures would indicate that property sellers in Granville are currently offering property investors an average price cut of -7.78% below the asking price at the moment.
Renters in Suburb are facing rents around $5460 per annum or $455 every week.
With a capital gain of 2.28% for the last 12 months, Granville, 2142 has performed for property investments than its average annual 6.41% property growth over the last 5 years.
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.
Vendor discounting in Granville is giving property investors an average Vendor Discount of around -5.32%. This puts suburb at number 121th in NSW when ranking the most discounted suburbs.
Situated 18.42km from the CBD, Granville is one of Parramatta localities in the postcode 2142.