Over the last year, property investments in Merrylands, 2160 have given investors a capital gain of 3.76%. This compares badly with the 7.15% for NSW as a whole.
While Merrylands,2160 ranked number 1039th in NSW for increase in median house value (annualised) increase, it is ranked 149th over the last 5 years.
Property buyers and investors in Merrylands 2160 should be seeing an average reduction in asking price of around -6.46% . This means that Merrylands is holding prices well when compared to other suburbs in NSW.
Often selling an investment property can take time, and in Merrylands the average time real estate has been on the market is 82.14 days.
Advertised rents are around the $490 mark per week – giving a return of 3.07% based on the median price in Suburb
Property value increases in Merrylands have tracked just lower than the NSW average of 6.59% over the last 12 months.
Merrylands,2160 has offered an average of 0.52% return per annum in house price rises to property investors over the last three years.
Merrylands2160 is located in NSW which offers an average discount of -4.48% to property investors. Merrylands itself is showing figures that indicate -5.02% is the average achievable by property buyers investing in the suburb.
Advertised rents are around the $400 mark per week – giving a return of 4.30% based on the median price in Suburb