Investment property in Wiley Park has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 2.41%
The five-year average increase in median property values for Wiley Park,2195 has given property investors a potential capital gain of 63.46% across each of those five years.
Our latest figures would indicate that property sellers in Wiley Park are currently offering property investors an average price cut of -5.59% below the asking price at the moment.
Wiley Park, 2195 ranked 353th in NSW when comparing growth in median property values or capital gain over the last 12 months. Wiley Park is one of 3162 in our list for NSW
Wiley Park,2195 was ranked 1352 in Australia by increase in median property value over the quarter.
Property investors looking for a bargain in Wiley Park should be aiming for at least -6.40% off the asking price, which is the average vendor discount being achieved at the moment.
Residents and property investors in Wiley Park have been waiting around 56.27 days to sell a property.
With the median price for a house in Wiley Park being $415051 and the advertised rent reaching $370 the gross rental yield for property investors calculates out to be 4.64%