If you compare the increase in value of investment property in Georges Hall, 2198 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this NSW suburb was 3.45%.
When looking at the potential capital gains offered to property investors over the last 3 years, Georges Hall comes in at number 430th in NSW.
The most recent median price for Georges Hall is $900000, with sellers offering an average of -5.29% off the asking price.
Often selling an investment property can take time, and in Georges Hall the average time real estate has been on the market is 97.81 days.
Advertised rents are around the $550 mark per week – giving a return of 3.18% based on the median price in Suburb
Investment property in Georges Hall 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 -1.67%
Property buyers and investors in Georges Hall 2198 should be seeing an average reduction in asking price of around -6.16% . This means that Georges Hall is holding prices well when compared to other suburbs in NSW.
Residents and property investors in Georges Hall have been waiting around 41.5 days to sell a property.
Georges Hall, 2198’s gross rental yield is 4.23%