NSW has seen average median house prices change by 7.47% which means that Wiley Park, 2195 has done well for property investors by showing a capital gain of 3.24% over the last year
If we look at median property appreciation over just the last three months, Wiley Park has given property investors a paper return of 5.17%. This puts Suburb as 285 on a list of fastest fasting appreciating suburbs in NSW
Sellers are offering property buyers an average discount of -8.58% to buyers in Wiley Park at the moment, which is less than average for the rest of NSW.
Wiley Park is in the bottom 20% in NSW when comparing median price capital growth over the last year. Wiley Park gave property investors a dismal capital gain figure when compared to the rest of the state, with -4.42%.
When looking at the potential capital gains offered to property investors over the last 3 years, Wiley Park comes in at number 351th in NSW.
LACK OF BUYER INTEREST may well be the reason that Wiley Park is offering property investors an average of -4.41. This rate of discount on properties puts Suburb at number 104th in terms of most discounted suburbs in NSW
Using the current median advertised rental of $380 and the average annual increase in value of a median property of 8.30%, investors should hope to achieve an overall return of 4.81%