Punchbowl has had a very poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of 0.00% to date .
A 76.53% growth in median value for property investors in Punchbowl,2196 puts this suburb at number 303th in terms of best performing suburbs in NSW
Sellers are offering property buyers an average discount of -6.14% to buyers in Punchbowl at the moment, which is less than average for the rest of NSW.
On average over the past year, suburb has had 13.08 sales per month, which equates to 157 per year.
Punchbowl, 2196’s gross rental yield is 3.13%
Property investors who have had real estate in Punchbowl, 2196 should be relatively unhappy with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -2.70%
Comparing Punchbowl,2196 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Our latest figures would indicate that property sellers in Punchbowl are currently offering property investors an average price cut of -7.05% below the asking price at the moment.
In the last year 132 properties changed hands in Punchbowl, which puts it as the 110th most active market in NSW when comparing the number of sales per suburb.
Punchbowl, 2196’s gross rental yield is 4.30%