Giving property investors a an average capital gain of 4.66% for the last year, Georges Hall, 2198 is the 2383th highest performer in Australia in this respect.
If we look at median property appreciation over just the last three months, Georges Hall has given property investors a paper return of 2.02%. This puts Suburb as 690 on a list of fastest fasting appreciating suburbs in NSW
Property investors looking for a bargain in Georges Hall should be aiming for at least -5.82% off the asking price, which is the average vendor discount being achieved at the moment.
Using the current median advertised rental of $565 and the average annual increase in value of a median property of 8.41%, investors should hope to achieve an overall return of 3.19%
NSW has seen average median house prices change by 8.63% which means that Georges Hall, 2198 has done well for property investors by showing a capital gain of 1.69% over the last year
A 49.89% growth in median value for property investors in Georges Hall,2198 puts this suburb at number 530th in terms of best performing suburbs in NSW
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.13% offered to property buyers. Sellers in Georges Hall itself are offering an average vendor discount of -9.67% to real estate investors.
Residents and property investors in Georges Hall have been waiting around 47.38 days to sell a property.