Birrong has had a quite poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of 2.47% to date .
The five-year average increase in median property values for Birrong,2143 has given property investors a potential capital gain of 85.16% across each of those five years.
Property buyers and investors in Birrong 2143 should be seeing an average reduction in asking price of around -4.96% . This means that Birrong is holding prices well when compared to other suburbs in NSW.
Often selling an investment property can take time, and in Birrong the average time real estate has been on the market is 88.75 days.
Using the current median advertised rental of $500 and the average annual increase in value of a median property of 8.99%, investors should hope to achieve an overall return of 3.13%