Property investors who have had real estate in Greenacre, 2190 should be ok with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 4.27%
Across a shorter period, Greenacre, 2190 has seen a median price increase of -0.58% over the last quarter.
Sellers are offering property buyers an average discount of -6.75% to buyers in Greenacre at the moment, which is less than average for the rest of NSW.
Advertised rents are around the $550 mark per week – giving a return of 3.35% based on the median price in Suburb
If you compare the increase in value of investment property in Greenacre, 2190 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 12.46%.
Greenacre,2190 was ranked 221 in Australia by increase in median property value over the quarter.
Greenacre2190 is located in NSW which offers an average discount of -4.45% to property investors. Greenacre itself is showing figures that indicate -4.48% is the average achievable by property buyers investing in the suburb.
In the last year 64 properties changed hands in Greenacre, which puts it as the 212th most active market in NSW when comparing the number of sales per suburb.
With the median price for a house in Greenacre being $582000 and the advertised rent reaching $470 the gross rental yield for property investors calculates out to be 4.20%