At number 1550th in the list of Australian suburbs ordered by increase in median house value over the last year, Kellyville, 2155 is in the top 40% with a property value increase of 7.32% recorded in median house prices.
When looking at the potential capital gains offered to property investors over the last 3 years, Kellyville comes in at number 466th in NSW.
LACK OF BUYER INTEREST may well be the reason that Kellyville is offering property investors an average of -5.49. This rate of discount on properties puts Suburb at number 156th in terms of most discounted suburbs in NSW
Renters in Suburb are facing rents around $7800 per annum or $650 every week.
NSW has seen average median house prices change by 5.73% which means that Kellyville, 2155 has done well for property investors by showing a capital gain of 1.33% over the last year
When looking at the potential capital gains offered to property investors over the last 3 years, Kellyville comes in at number 133th in NSW.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.41% offered to property buyers. Sellers in Kellyville itself are offering an average vendor discount of -6.00% to real estate investors.
Using the current median advertised rental of $595 and the average annual increase in value of a median property of 9.56%, investors should hope to achieve an overall return of 4.07%