Investment property in Mount Pritchard has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 5.44%
The five-year average increase in median property values for Mount Pritchard,2170 has given property investors a potential capital gain of 64.28% across each of those five years.
Mount Pritchard2170 is located in NSW which offers an average discount of -5.52% to property investors. Mount Pritchard itself is showing figures that indicate -6.18% is the average achievable by property buyers investing in the suburb.
On average over the past year, suburb has had 8.67 sales per month, which equates to 104 per year.
Renters in Suburb are facing rents around $5400 per annum or $450 every week.
If you compare the increase in value of investment property in Mount Pritchard, 2170 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 24.50%.
If we look at median property appreciation over just the last three months, Mount Pritchard has given property investors a paper return of -0.94%. This puts Suburb as 360 on a list of fastest fasting appreciating suburbs in NSW
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Mount Pritchard, 2170. Typically our figures indicate that -4.19% is being offered, which puts this NSW suburb at 1013th most discounted overall in Australia.
With the median price for a house in Mount Pritchard being $555250 and the advertised rent reaching $460 the gross rental yield for property investors calculates out to be 4.31%