Giving property investors a a stable capital gain of 8.07% for the last year, Granville, 2142 is the 1548th highest performer in Australia in this respect.
Granville,2142 has offered an average of 8.07% return per annum in house price rises to property investors over the last three years.
LACK OF BUYER INTEREST may well be the reason that Granville is offering property investors an average of -5.52. This rate of discount on properties puts Suburb at number 37th in terms of most discounted suburbs in NSW
Property investors should expect to get $450 weekly from the median priced house in this suburb.
Investment property in Granville 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 8.70%
Taking the average capital gain, or increase in median house value, Granville,2142 has racked up an average of 8.70% over the period. This ranks it number 196th 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 -4.45% offered to property buyers. Sellers in Granville itself are offering an average vendor discount of -5.07% to real estate investors.
A $410 per week rent on the median house gives suburb investors a gross yield of circa 4.58%, without taking into account capital value appreciation, which has been averaging out at 7.13%.