Investment property in Greenacre 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 8.06%
Greenacre,2190 has offered an average of 8.06% return per annum in house price rises to property investors over the last three years.
Vendor discounting in Greenacre is giving property investors an average Vendor Discount of around -6.02%. This puts suburb at number 328th in NSW when ranking the most discounted suburbs.
Situated 13.65km from the CBD, Greenacre is one of Bankstown localities in the postcode 2190.
Giving property investors a a stable capital gain of 11.60% for the last year, Greenacre, 2190 is the 389th highest performer in Australia in this respect.
Across a shorter period, Greenacre, 2190 has seen a median price increase of 4.42% over the last quarter.
LACK OF BUYER INTEREST may well be the reason that Greenacre is offering property investors an average of -4.16. This rate of discount on properties puts Suburb at number 143th in terms of most discounted suburbs in NSW
Greenacre, 2190’s gross rental yield is 3.74%