If you compare the increase in value of investment property in Northmead, 2152 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 -1.82%.
Taking the average capital gain, or increase in median house value, Northmead,2152 has racked up an average of -1.82% over the period. This ranks it number 644th in the whole country for real estate investors looking at median house price increases.
At number 655th of NSW’s most discounted properties, Northmead is in the middle of the state/territory when listing in order of most discounted to least.
In the last year 96 properties changed hands in Northmead, which puts it as the 302th most active market in NSW when comparing the number of sales per suburb.
Property investors should expect to get $512.5 weekly from the median priced house in this suburb.
At number 764th in the list of Australian suburbs ordered by increase in median house value over the last year, Northmead, 2152 is in the top half with a property value increase of 3.98% recorded in median house prices.
Across a shorter period, Northmead, 2152 has seen a median price increase of 5.41% over the last quarter.
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 Northmead, 2152. Typically our figures indicate that -4.27% is being offered, which puts this NSW suburb at 1001th most discounted overall in Australia.
Advertised rents are around the $450 mark per week – giving a return of 3.81% based on the median price in Suburb