At number 3067th in the list of Australian suburbs ordered by increase in median house value over the last year, Punchbowl, 2196 is in the BOTTOM 30% with a property value increase of -0.56% recorded in median house prices.
While Punchbowl,2196 ranked number 873th in NSW for increase in median house value (annualised) increase, it is ranked 254th over the last 5 years.
Our latest figures would indicate that property sellers in Punchbowl are currently offering property investors an average price cut of -6.62% below the asking price at the moment.
Over the last year, property investments in Punchbowl, 2196 have given investors a capital gain of 1.28%. This compares badly with the 6.22% for NSW as a whole.
While Punchbowl,2196 ranked number 158th in NSW for increase in median house value (annualised) increase, it is ranked 86th over the last 5 years.
The most recent median price for Punchbowl is $476500, with sellers offering an average of -5.53% off the asking price.
On average over the past year, suburb has had 9.83 sales per month, which equates to 118 per year.