Over the last year, property investments in Canley Vale, 2166 have given investors a capital gain of 2.36%. This compares very badly with the 10.13% for NSW as a whole.
A 78.81% growth in median value for property investors in Canley Vale,2166 puts this suburb at number 1171th in terms of best performing suburbs in NSW
Canley Vale2166 is located in NSW which offers an average discount of -5.28% to property investors. Canley Vale itself is showing figures that indicate -6.19% is the average achievable by property buyers investing in the suburb.
With the median price for a house in Canley Vale being $813750 and the advertised rent reaching $440 the gross rental yield for property investors calculates out to be 2.81%
Property value increases in Canley Vale have tracked close to the NSW average of 7.74% over the last 12 months.
Across a shorter period, Canley Vale, 2166 has seen a median price increase of 6.74% over the last quarter.
Property investors looking for a bargain in Canley Vale should be aiming for at least -6.16% off the asking price, which is the average vendor discount being achieved at the moment.
In the last year 52 properties changed hands in Canley Vale, which puts it as the 265th most active market in NSW when comparing the number of sales per suburb.
Canley Vale is 251th on a list of best yielding suburbs for rents in NSW with a 4.14% return