With a capital gain of -3.92% for the last 12 months, Granville, 2142 has performed for property investments than its average annual 9.17% property growth over the last 5 years.
Taking the average capital gain, or increase in median house value, Granville,2142 has racked up an average of -3.92% over the period. This ranks it number 434th 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 -5.49% offered to property buyers. Sellers in Granville itself are offering an average vendor discount of -8.04% to real estate investors.
Advertised rents are around the $450 mark per week – giving a return of 2.93% based on the median price in Suburb
At number 1093th in the list of Australian suburbs ordered by increase in median house value over the last year, Granville, 2142 is in the BOTTOM 40% with a property value increase of -0.08% recorded in median house prices.
If we look at median property appreciation over just the last three months, Granville has given property investors a paper return of 1.60%. This puts Suburb as 263 on a list of fastest fasting appreciating suburbs in NSW
Vendor discounting in Granville is giving property investors an average Vendor Discount of around -5.31%. This puts suburb at number 120th in NSW when ranking the most discounted suburbs.
On average over the past year, suburb has had 10.33 sales per month, which equates to 124 per year.