Kellyville Ridge is in the bottom 40% 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 3.15%.
When looking at the potential capital gains offered to property investors over the last 3 years, Kellyville Ridge comes in at number 502th in NSW.
Property investors looking for a bargain in Kellyville Ridge should be aiming for at least -5.40% off the asking price, which is the average vendor discount being achieved at the moment.
In the last year 142 properties changed hands in Kellyville Ridge, which puts it as the 134th most active market in NSW when comparing the number of sales per suburb.
A $650 per week rent on the median house gives suburb investors a gross yield of circa 3.56%, without taking into account capital value appreciation, which has been averaging out at 7.14%.
At number 556th in the list of Australian suburbs ordered by increase in median house value over the last year, Kellyville Ridge, 2155 is in the top 40% with a property value increase of 7.08% recorded in median house prices.
LACK OF BUYER INTEREST may well be the reason that Kellyville Ridge is offering property investors an average of -4.45. This rate of discount on properties puts Suburb at number 70th in terms of most discounted suburbs in NSW
In the last year 36 properties changed hands in Kellyville Ridge, which puts it as the 321th most active market in NSW when comparing the number of sales per suburb.
Situated 32.04km from the CBD, Kellyville Ridge is one of Blacktown localities in the postcode 2155.