Bankstown has had a pretty average year for property investment returns compared to the rest of NSW, giving investors a capital gain of 7.93% to date .
Comparing Bankstown,2200 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Sellers are offering property buyers an average discount of -4.32% to buyers in Bankstown at the moment, which is less than average for the rest of NSW.
Over the last year, property investments in Bankstown, 2200 have given investors a capital gain of 9.89%. This compares favourably with the 6.92% for NSW as a whole.
Taking the average capital gain, or increase in median house value, Bankstown,2200 has racked up an average of 9.89% over the period. This ranks it number 152th in the whole country for real estate investors looking at median house price increases.
Bankstown2200 is located in NSW which offers an average discount of -4.46% to property investors. Bankstown itself is showing figures that indicate -6.40% is the average achievable by property buyers investing in the suburb.
Bankstown, 2200’s gross rental yield is 4.37%