Wiley Park has had a very poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of -1.25% to date .
Wiley Park,2195 has offered an average of -1.25% return per annum in house price rises to property investors over the last three years.
Our latest figures would indicate that property sellers in Wiley Park are currently offering property investors an average price cut of -6.23% below the asking price at the moment.
At number 1513 in a list of fastest selling suburbs, Wiley Park is just in the top half of suburbs in Australia with an average of days on market 73.8 for properties listed there.
Situated 14.50km from the CBD, Wiley Park is one of Canterbury localities in the postcode 2195.
Property value increases in Wiley Park have tracked just lower than the NSW average of 5.59% over the last 12 months.
Taking the average capital gain, or increase in median house value, Wiley Park,2195 has racked up an average of 1.85% over the period. This ranks it number 328th in the whole country for real estate investors looking at median house price increases.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Wiley Park, 2195. Typically our figures indicate that -5.85% is being offered, which puts this NSW suburb at 521th most discounted overall in Australia.
Renters in Suburb are facing rents around $4560 per annum or $380 every week.