Giving property investors a an unimpressive capital gain of 2.55% for the last year, Northmead, 2152 is the 2552th highest performer in Australia in this respect.
Taking the average capital gain, or increase in median house value, Northmead,2152 has racked up an average of 2.55% over the period. This ranks it number 594th in the whole country for real estate investors looking at median house price increases.
Northmead, 2152 is offering NSW ‘s 871th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 30% of discounts offered by this NSW.
Northmead has had a very poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of -2.95% to date .
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Northmead has increased when compared to the 5 year average annual rate.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.33% offered to property buyers. Sellers in Northmead itself are offering an average vendor discount of -4.35% to real estate investors.
Using the current median advertised rental of $450 and the average annual increase in value of a median property of 5.41%, investors should hope to achieve an overall return of 4.03%