NSW has seen average median house prices change by 9.74% which means that Guildford, 2161 has done well for property investors by showing a capital gain of 8.14% over the last year
Taking the average capital gain, or increase in median house value, Guildford,2161 has racked up an average of 8.14% over the period. This ranks it number 472th in the whole country for real estate investors looking at median house price increases.
The most recent median price for Guildford is $840750, with sellers offering an average of -6.10% off the asking price.
On average over the past year, suburb has had 15.50 sales per month, which equates to 186 per year.
Situated 19.42km from the CBD, Guildford is one of Parramatta localities in the postcode 2161.
With a capital gain of 0.68% for the last 12 months, Guildford, 2161 has performed for property investments than its average annual 5.93% property growth over the last 5 years.
While Guildford,2161 ranked number 352th in NSW for increase in median house value (annualised) increase, it is ranked 298th over the last 5 years.
LACK OF BUYER INTEREST may well be the reason that Guildford is offering property investors an average of -4.23. This rate of discount on properties puts Suburb at number 124th in terms of most discounted suburbs in NSW
A $410 per week rent on the median house gives suburb investors a gross yield of circa 4.54%, without taking into account capital value appreciation, which has been averaging out at 5.93%.