Investment property in Sefton has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 11.92%
A 84.17% growth in median value for property investors in Sefton,2162 puts this suburb at number 1010th in terms of best performing suburbs in NSW
Our latest figures would indicate that property sellers in Sefton are currently offering property investors an average price cut of -5.69% below the asking price at the moment.
A $480 per week rent on the median house gives suburb investors a gross yield of circa 3.01%, without taking into account capital value appreciation, which has been averaging out at 8.25%.
Sefton has had a quite poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of 5.56% to date .
Taking the average capital gain, or increase in median house value, Sefton,2162 has racked up an average of 5.56% over the period. This ranks it number 320th in the whole country for real estate investors looking at median house price increases.
LACK OF BUYER INTEREST may well be the reason that Sefton is offering property investors an average of -4.45. This rate of discount on properties puts Suburb at number 82th in terms of most discounted suburbs in NSW
The NSW suburb of Sefton, 2162 is in the Bankstown local government area.