At number 2327th in the list of Australian suburbs ordered by increase in median house value over the last year, Hammondville, 2170 is in the BOTTOM 50% with a property value increase of 4.23% recorded in median house prices.
Taking the average capital gain, or increase in median house value, Hammondville,2170 has racked up an average of 4.23% over the period. This ranks it number 723th in the whole country for real estate investors looking at median house price increases.
At number 564th of NSW’s most discounted properties, Hammondville is in the middle of the state/territory when listing in order of most discounted to least.
Using the current median advertised rental of $530 and the average annual increase in value of a median property of 7.71%, investors should hope to achieve an overall return of 3.72%
NSW has seen average median house prices change by 6.22% which means that Hammondville, 2170 has done well for property investors by showing a capital gain of -0.38% over the last year
If we look at median property appreciation over just the last three months, Hammondville has given property investors a paper return of -4.57%. This puts Suburb as 514 on a list of fastest fasting appreciating suburbs in NSW
With the median price for a house in Hammondville being $543935 and the advertised rent reaching $420 the gross rental yield for property investors calculates out to be 4.02%