At number 2418th in the list of Australian suburbs ordered by increase in median house value over the last year, Greenacre, 2190 is in the BOTTOM 50% with a property value increase of 3.30% recorded in median house prices.
Greenacre,2190 was ranked 2143 in Australia by increase in median property value over the quarter.
Greenacre2190 is located in NSW which offers an average discount of -5.49% to property investors. Greenacre itself is showing figures that indicate -5.92% is the average achievable by property buyers investing in the suburb.
Advertised rents are around the $550 mark per week – giving a return of 3.21% based on the median price in Suburb
Giving property investors a a solid capital gain of 11.57% for the last year, Greenacre, 2190 is the 333th highest performer in Australia in this respect.
Comparing Greenacre,2190 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
LACK OF BUYER INTEREST may well be the reason that Greenacre is offering property investors an average of -4.33. This rate of discount on properties puts Suburb at number 241th in terms of most discounted suburbs in NSW
Using the current median advertised rental of $470 and the average annual increase in value of a median property of 8.50%, investors should hope to achieve an overall return of 3.93%