If you compare the increase in value of investment property in Toongabbie, 2146 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this NSW suburb was 1.35%.
Comparing Toongabbie,2146 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
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 Toongabbie, 2146. Typically our figures indicate that -5.30% is being offered, which puts this NSW suburb at 2333th most discounted overall in Australia.
Renters in Suburb are facing rents around $5520 per annum or $460 every week.
Toongabbie, 2146 ranked 521th in NSW when comparing growth in median property values or capital gain over the last 12 months. Toongabbie is one of 3163 in our list for NSW
When looking at the potential capital gains offered to property investors over the last 3 years, Toongabbie comes in at number 489th in NSW.
Our latest figures would indicate that property sellers in Toongabbie are currently offering property investors an average price cut of -5.67% below the asking price at the moment.
On average over the past year, suburb has had 6.25 sales per month, which equates to 75 per year.
Using the current median advertised rental of $430 and the average annual increase in value of a median property of 6.02%, investors should hope to achieve an overall return of 4.43%