Merrylands has had a very poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of -1.08% to date .
If we look at median property appreciation over just the last three months, Merrylands has given property investors a paper return of -0.30%. This puts Suburb as 1009 on a list of fastest fasting appreciating suburbs in NSW
The most recent median price for Merrylands is $827500, with sellers offering an average of -6.60% off the asking price.
Property investors should expect to get $485 weekly from the median priced house in this suburb.
Investment property in Merrylands has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 1.03%
Across a shorter period, Merrylands, 2160 has seen a median price increase of 1.03% over the last quarter.
Vendor discounting in Merrylands is giving property investors an average Vendor Discount of around -5.12%. This puts suburb at number 145th in NSW when ranking the most discounted suburbs.
Residents and property investors in Merrylands have been waiting around 56.99 days to sell a property.
Situated 14.60km from the CBD, Merrylands is one of Holroyd localities in the postcode 2160.