Kellyville Ridge is in the bottom 30% in NSW when comparing median price capital growth over the last year. Kellyville Ridge gave property investors a disappointing capital gain figure when compared to the rest of the state, with 1.25%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Kellyville Ridge has increased when compared to the 5 year average annual rate.
Property investors looking for a bargain in Kellyville Ridge should be aiming for at least -5.29% off the asking price, which is the average vendor discount being achieved at the moment.
On average over the past year, suburb has had 11.33 sales per month, which equates to 136 per year.
With the median price for a house in Kellyville Ridge being $950500 and the advertised rent reaching $650 the gross rental yield for property investors calculates out to be 3.56%
If you compare the increase in value of investment property in Kellyville Ridge, 2155 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 3.36%.
Kellyville Ridge,2155 has offered an average of 3.36% return per annum in house price rises to property investors over the last three years.
The most recent median price for Kellyville Ridge is $615000, with sellers offering an average of -5.04% off the asking price.
Often selling an investment property can take time, and in Kellyville Ridge the average time real estate has been on the market is 39.08 days.
Kellyville Ridge is 274th on a list of best yielding suburbs for rents in NSW with a 4.14% return