Northmead is an average performer in NSW when comparing median price capital growth over the last year. Northmead gave property investors a good capital gain figure when compared to the rest of the state, with 13.04%.
Comparing Northmead,2152 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Northmead2152 is located in NSW which offers an average discount of -5.28% to property investors. Northmead itself is showing figures that indicate -3.84% is the average achievable by property buyers investing in the suburb.
At number 319 in a list of fastest selling suburbs, Northmead is in the TOP 10% of suburbs in Australia with an average of days on market 39.56 for properties listed there.
Advertised rents are around the $520 mark per week – giving a return of 2.52% based on the median price in Suburb
Northmead has had a pretty good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 9.96% to date .
While Northmead,2152 ranked number 75th in NSW for increase in median house value (annualised) increase, it is ranked 224th over the last 5 years.
At number 133th of NSW’s most discounted properties, Northmead is in the bottom 30% of the state/territory when listing in order of most discounted to least.
At number 302 in a list of fastest selling suburbs, Northmead is in the TOP 30% of suburbs in Australia with an average of days on market 51.81 for properties listed there.
Using the current median advertised rental of $450 and the average annual increase in value of a median property of 6.32%, investors should hope to achieve an overall return of 3.69%