NSW has seen average median house prices change by 7.47% which means that Merrylands West, 2160 has done well for property investors by showing a capital gain of -1.23% over the last year
Across a shorter period, Merrylands West, 2160 has seen a median price increase of 3.00% over the last quarter.
Merrylands West, 2160 is offering NSW ‘s 410th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 40% of discounts offered by this NSW.
With the median price for a house in Merrylands West being $800000 and the advertised rent reaching $550 the gross rental yield for property investors calculates out to be 3.57%
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 -1.67%
Merrylands West,2160 was ranked 643 in Australia by increase in median property value over the quarter.
The most recent median price for Merrylands West is $442500, with sellers offering an average of -5.13% off the asking price.