With a capital gain of -3.23% for the last 12 months, Merrylands West, 2160 has performed for property investments than its average annual 8.10% property growth over the last 5 years.
While Merrylands West,2160 ranked number 936th in NSW for increase in median house value (annualised) increase, it is ranked 185th over the last 5 years.
Property investors looking for a bargain in Merrylands West should be aiming for at least -5.86% off the asking price, which is the average vendor discount being achieved at the moment.
In the last year 46 properties changed hands in Merrylands West, which puts it as the 685th most active market in NSW when comparing the number of sales per suburb.
The NSW suburb of Merrylands West, 2160 is in the Holroyd local government area.
NSW has seen average median house prices change by 5.59% which means that Merrylands West, 2160 has done well for property investors by showing a capital gain of -2.02% over the last year
When looking at the potential capital gains offered to property investors over the last 3 years, Merrylands West comes in at number 236th in NSW.
Sellers are offering property buyers an average discount of -5.35% to buyers in Merrylands West at the moment, which is less than average for the rest of NSW.
Property investors should expect to get $400 weekly from the median priced house in this suburb.