Giving property investors a a stable capital gain of 8.75% for the last year, Girraween, 2145 is the 1278th highest performer in Australia in this respect.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Girraween has increased when compared to the 5 year average annual rate.
Vendor discounting in Girraween is giving property investors an average Vendor Discount of around -6.18%. This puts suburb at number 385th in NSW when ranking the most discounted suburbs.
Using the current median advertised rental of $480 and the average annual increase in value of a median property of 8.51%, investors should hope to achieve an overall return of 2.87%
Girraween has had a A very good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 16.54% to date .
Taking the average capital gain, or increase in median house value, Girraween,2145 has racked up an average of 16.54% over the period. This ranks it number 140th in the whole country for real estate investors looking at median house price increases.
Property investors looking for a bargain in Girraween should be aiming for at least -3.72% off the asking price, which is the average vendor discount being achieved at the moment.
At number 774 in a list of fastest selling suburbs, Girraween is just in the bottom half of suburbs in Australia with an average of days on market 79.59 for properties listed there.
Situated 13.51km from the CBD, Girraween is one of Holroyd localities in the postcode 2145.