Property investors who have had real estate in Birrong, 2143 should be ok with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 2.47%
While Birrong,2143 ranked number 1101th in NSW for increase in median house value (annualised) increase, it is ranked 89th over the last 5 years.
Property buyers and investors in Birrong 2143 should be seeing an average reduction in asking price of around -4.64% . This means that Birrong is holding prices well when compared to other suburbs in NSW.
A $497.5 per week rent on the median house gives suburb investors a gross yield of circa 3.12%, without taking into account capital value appreciation, which has been averaging out at 8.61%.