Merrylands West, 2160 ranked 736th in NSW when comparing growth in median property values or capital gain over the last 12 months. Merrylands West is one of 3162 in our list for NSW
If we look at median property appreciation over just the last three months, Merrylands West has given property investors a paper return of -1.38%. This puts Suburb as 1081 on a list of fastest fasting appreciating suburbs in NSW
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Merrylands West, 2160. Typically our figures indicate that -7.03% is being offered, which puts this NSW suburb at 1215th most discounted overall in Australia.
Advertised rents are around the $540 mark per week – giving a return of 3.56% based on the median price in Suburb
Investment property in Merrylands West has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 1.04%
The five-year average increase in median property values for Merrylands West,2160 has given property investors a potential capital gain of 50.86% across each of those five years.
At number 131th of NSW’s most discounted properties, Merrylands West is in the bottom 30% of the state/territory when listing in order of most discounted to least.
Using the current median advertised rental of $397.5 and the average annual increase in value of a median property of 5.71%, investors should hope to achieve an overall return of 4.72%