Investment property in Toongabbie has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 1.17%
If we look at median property appreciation over just the last three months, Toongabbie has given property investors a paper return of 0.06%. This puts Suburb as 1029 on a list of fastest fasting appreciating suburbs in NSW
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.49% offered to property buyers. Sellers in Toongabbie itself are offering an average vendor discount of -4.97% to real estate investors.
On average over the past year, suburb has had 11.83 sales per month, which equates to 142 per year.
Toongabbie is 888th on a list of best yielding suburbs for rents in NSW with a 2.95% return
Toongabbie, 2146 ranked 450th 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
While Toongabbie,2146 ranked number 44th in NSW for increase in median house value (annualised) increase, it is ranked 273th over the last 5 years.
Our latest figures would indicate that property sellers in Toongabbie are currently offering property investors an average price cut of -5.83% below the asking price at the moment.
Property investors should expect to get $430 weekly from the median priced house in this suburb.