Northmead is in the bottom 40% in NSW when comparing median price capital growth over the last year. Northmead gave property investors a disappointing capital gain figure when compared to the rest of the state, with 4.37%.
If we look at median property appreciation over just the last three months, Northmead has given property investors a paper return of 6.62%. This puts Suburb as 190 on a list of fastest fasting appreciating suburbs in NSW
LACK OF BUYER INTEREST may well be the reason that Northmead is offering property investors an average of -5.49. This rate of discount on properties puts Suburb at number 875th in terms of most discounted suburbs in NSW
In the last year 92 properties changed hands in Northmead, which puts it as the 321th most active market in NSW when comparing the number of sales per suburb.
Northmead is 979th on a list of best yielding suburbs for rents in NSW with a 2.66% return
If you compare the increase in value of investment property in Northmead, 2152 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this NSW suburb was 3.39%.
Northmead,2152 was ranked 535 in Australia by increase in median property value over the quarter.
Northmead, 2152 is offering NSW ‘s 240th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this NSW.
Residents and property investors in Northmead have been waiting around 48.11 days to sell a property.
Renters in Suburb are facing rents around $5400 per annum or $450 every week.