Property investors who have had real estate in Kellyville, 2155 should be ok with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 3.29%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Kellyville has increased when compared to the 5 year average annual rate.
Property buyers and investors in Kellyville 2155 should be seeing an average reduction in asking price of around -7.99% . This means that Kellyville is holding prices well when compared to other suburbs in NSW.
In the last year 515 properties changed hands in Kellyville, which puts it as the 6th 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 3.07%, without taking into account capital value appreciation, which has been averaging out at 7.78%.
Kellyville is in the bottom 40% in NSW when comparing median price capital growth over the last year. Kellyville gave property investors a disappointing capital gain figure when compared to the rest of the state, with 1.57%.
While Kellyville,2155 ranked number 244th in NSW for increase in median house value (annualised) increase, it is ranked 293th over the last 5 years.
The most recent median price for Kellyville is $775000, with sellers offering an average of -6.16% off the asking price.
Property investors should expect to get $595 weekly from the median priced house in this suburb.