Property investors who have had real estate in Merrylands West, 2160 should be relatively unhappy with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -0.49%
A 79.89% growth in median value for property investors in Merrylands West,2160 puts this suburb at number 1024th in terms of best performing suburbs in NSW
Property investors looking for a bargain in Merrylands West should be aiming for at least -6.29% off the asking price, which is the average vendor discount being achieved at the moment.
Merrylands West, 2160’s gross rental yield is 3.55%
Merrylands West has had a very poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of -3.41% to date .
Taking the average capital gain, or increase in median house value, Merrylands West,2160 has racked up an average of -3.41% over the period. This ranks it number 463th in the whole country for real estate investors looking at median house price increases.
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 -5.03% is being offered, which puts this NSW suburb at 772th most discounted overall in Australia.
At number 196 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 45.37 for properties listed there.
Advertised rents are around the $400 mark per week – giving a return of 4.73% based on the median price in Suburb