Property value increases in Pendle Hill have tracked close to the NSW average of 8.26% over the last 12 months.
The five-year average increase in median property values for Pendle Hill,2145 has given property investors a potential capital gain of 81.25% across each of those five years.
The most recent median price for Pendle Hill is $870000, with sellers offering an average of -5.31% off the asking price.
In the last year 45 properties changed hands in Pendle Hill, which puts it as the 736th most active market in NSW when comparing the number of sales per suburb.
Using the current median advertised rental of $482.5 and the average annual increase in value of a median property of 9.37%, investors should hope to achieve an overall return of 2.88%
Pendle Hill is in the bottom 20% in NSW when comparing median price capital growth over the last year. Pendle Hill gave property investors a dismal capital gain figure when compared to the rest of the state, with -3.50%.
If we look at median property appreciation over just the last three months, Pendle Hill has given property investors a paper return of 0.21%. This puts Suburb as 367 on a list of fastest fasting appreciating suburbs in NSW
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Pendle Hill, 2145. Typically our figures indicate that -5.63% is being offered, which puts this NSW suburb at 582th most discounted overall in Australia.
Situated 21.43km from the CBD, Pendle Hill is one of Holroyd localities in the postcode 2145.