Investment property in Punchbowl has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 13.52%
Punchbowl,2196 has offered an average of 13.52% return per annum in house price rises to property investors over the last three years.
Punchbowl, 2196 is offering NSW ‘s 228th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 20% of discounts offered by this NSW.
Residents and property investors in Punchbowl have been waiting around 79.36 days to sell a property.
Advertised rents are around the $530 mark per week – giving a return of 3.19% based on the median price in Suburb
Giving property investors a a stable capital gain of 6.82% for the last year, Punchbowl, 2196 is the 629th highest performer in Australia in this respect.
Comparing Punchbowl,2196 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
At number 12th of NSW’s most discounted properties, Punchbowl is in the bottom 10% of the state/territory when listing in order of most discounted to least.
In the last year 123 properties changed hands in Punchbowl, which puts it as the 106th most active market in NSW when comparing the number of sales per suburb.
Using the current median advertised rental of $390 and the average annual increase in value of a median property of 6.89%, investors should hope to achieve an overall return of 4.31%