Girraween is an average performer in NSW when comparing median price capital growth over the last year. Girraween gave property investors a good capital gain figure when compared to the rest of the state, with 11.66%.
While Girraween,2145 ranked number 966th in NSW for increase in median house value (annualised) increase, it is ranked 333th over the last 5 years.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.35% offered to property buyers. Sellers in Girraween itself are offering an average vendor discount of -6.66% to real estate investors.
At number 1079 in a list of fastest selling suburbs, Girraween is in the TOP 30% of suburbs in Australia with an average of days on market 60.93 for properties listed there.
Using the current median advertised rental of $490 and the average annual increase in value of a median property of 8.81%, investors should hope to achieve an overall return of 2.80%
At number 558th in the list of Australian suburbs ordered by increase in median house value over the last year, Girraween, 2145 is in the top 40% with a property value increase of 7.69% recorded in median house prices.
Girraween,2145 was ranked 1022 in Australia by increase in median property value over the quarter.
Sellers are offering property buyers an average discount of -3.85% to buyers in Girraween at the moment, which is less than average for the rest of NSW.