Granville has had a very poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of -0.75% to date .
A 81.09% growth in median value for property investors in Granville,2142 puts this suburb at number 1130th in terms of best performing suburbs in NSW
Vendor discounting in Granville is giving property investors an average Vendor Discount of around -4.62%. This puts suburb at number 621th in NSW when ranking the most discounted suburbs.
In the last year 91 properties changed hands in Granville, which puts it as the 335th most active market in NSW when comparing the number of sales per suburb.
With the median price for a house in Granville being $795000 and the advertised rent reaching $470 the gross rental yield for property investors calculates out to be 3.07%
If you compare the increase in value of investment property in Granville, 2142 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this NSW suburb was 2.79%.
When looking at the potential capital gains offered to property investors over the last 3 years, Granville comes in at number 347th in NSW.
Sellers are offering property buyers an average discount of -6.26% to buyers in Granville at the moment, which is less than average for the rest of NSW.
In the last year 205 properties changed hands in Granville, which puts it as the 61th most active market in NSW when comparing the number of sales per suburb.