With a capital gain of 3.70% for the last 12 months, Toongabbie, 2146 has performed for property investments than its average annual 8.83% property growth over the last 5 years.
When looking at the potential capital gains offered to property investors over the last 3 years, Toongabbie comes in at number 612th in NSW.
Property investors looking for a bargain in Toongabbie should be aiming for at least -5.18% off the asking price, which is the average vendor discount being achieved at the moment.
With the median price for a house in Toongabbie being $840000 and the advertised rent reaching $470 the gross rental yield for property investors calculates out to be 2.91%
Investment property in Toongabbie has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 1.36%
Comparing Toongabbie,2146 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
The most recent median price for Toongabbie is $560000, with sellers offering an average of -3.94% off the asking price.
Renters in Suburb are facing rents around $5280 per annum or $440 every week.