Property value increases in Pendle Hill have tracked lower than the NSW average of 7.15% over the last 12 months.
If we look at median property appreciation over just the last three months, Pendle Hill has given property investors a paper return of 2.14%. This puts Suburb as 468 on a list of fastest fasting appreciating suburbs in NSW
Property buyers and investors in Pendle Hill 2145 should be seeing an average reduction in asking price of around -6.33% . This means that Pendle Hill is holding prices well when compared to other suburbs in NSW.
On average over the past year, suburb has had 3.08 sales per month, which equates to 37 per year.
Advertised rents are around the $465 mark per week – giving a return of 3.07% based on the median price in Suburb
NSW has seen average median house prices change by 6.59% which means that Pendle Hill, 2145 has done well for property investors by showing a capital gain of 1.04% over the last year
Comparing Pendle Hill,2145 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
At number 182th of NSW’s most discounted properties, Pendle Hill is in the bottom 40% of the state/territory when listing in order of most discounted to least.
Residents and property investors in Pendle Hill have been waiting around 53.73 days to sell a property.
With the median price for a house in Pendle Hill being $485000 and the advertised rent reaching $420 the gross rental yield for property investors calculates out to be 4.50%