Property investors who have had real estate in Wiley Park, 2195 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 6.80%
The five-year average increase in median property values for Wiley Park,2195 has given property investors a potential capital gain of 86.08% across each of those five years.
LACK OF BUYER INTEREST may well be the reason that Wiley Park is offering property investors an average of -5.28. This rate of discount on properties puts Suburb at number 17th in terms of most discounted suburbs in NSW
Often selling an investment property can take time, and in Wiley Park the average time real estate has been on the market is 78.42 days.
Advertised rents are around the $500 mark per week – giving a return of 2.88% based on the median price in Suburb
At number 1382th in the list of Australian suburbs ordered by increase in median house value over the last year, Wiley Park, 2195 is in the BOTTOM 30% with a property value increase of -4.60% recorded in median house prices.
A 55.43% growth in median value for property investors in Wiley Park,2195 puts this suburb at number 396th in terms of best performing suburbs in NSW
At number 124th of NSW’s most discounted properties, Wiley Park is in the bottom 30% of the state/territory when listing in order of most discounted to least.
With the median price for a house in Wiley Park being $415000 and the advertised rent reaching $380 the gross rental yield for property investors calculates out to be 4.76%