Giving property investors a a poor capital gain of -4.76% for the last year, Granville, 2142 is the 3491th highest performer in Australia in this respect.
The five-year average increase in median property values for Granville,2142 has given property investors a potential capital gain of 81.82% across each of those five years.
Vendor discounting in Granville is giving property investors an average Vendor Discount of around -8.16%. This puts suburb at number 138th in NSW when ranking the most discounted suburbs.
With the median price for a house in Granville being $800000 and the advertised rent reaching $460 the gross rental yield for property investors calculates out to be 2.99%
If you compare the increase in value of investment property in Granville, 2142 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this NSW suburb was -2.00%.
A 50.40% growth in median value for property investors in Granville,2142 puts this suburb at number 268th in terms of best performing suburbs in NSW
Vendor discounting in Granville is giving property investors an average Vendor Discount of around -5.54%. This puts suburb at number 95th in NSW when ranking the most discounted suburbs.
On average over the past year, suburb has had 10.92 sales per month, which equates to 131 per year.
Using the current median advertised rental of $410 and the average annual increase in value of a median property of 6.90%, investors should hope to achieve an overall return of 4.46%