With a capital gain of 1.18% for the last 12 months, Merrylands West, 2160 has performed for property investments than its average annual 8.46% property growth over the last 5 years.
When looking at the potential capital gains offered to property investors over the last 3 years, Merrylands West comes in at number 517th in NSW.
Sellers are offering property buyers an average discount of -6.21% to buyers in Merrylands West at the moment, which is less than average for the rest of NSW.
Merrylands West, 2160’s gross rental yield is 3.50%
Property value increases in Merrylands West have tracked just lower than the NSW average of 6.22% over the last 12 months.
Merrylands West,2160 has offered an average of 1.14% return per annum in house price rises to property investors over the last three years.
The most recent median price for Merrylands West is $445000, with sellers offering an average of -4.82% off the asking price.
At number 171 in a list of fastest selling suburbs, Merrylands West is in the TOP 20% of suburbs in Australia with an average of days on market 43.2 for properties listed there.