Marrickville is an average performer in NSW when comparing median price capital growth over the last year. Marrickville gave property investors a good capital gain figure when compared to the rest of the state, with 10.02%.
When looking at the potential capital gains offered to property investors over the last 3 years, Marrickville comes in at number 224th in NSW.
Marrickville, 2204 is offering NSW ‘s 1166th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 10% of discounts offered by this NSW.
A $700 per week rent on the median house gives suburb investors a gross yield of circa 2.70%, without taking into account capital value appreciation, which has been averaging out at 10.04%.
Property investors who have had real estate in Marrickville, 2204 should be relatively pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 9.20%
Marrickville,2204 has offered an average of 9.20% return per annum in house price rises to property investors over the last three years.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.41% offered to property buyers. Sellers in Marrickville itself are offering an average vendor discount of -3.86% to real estate investors.
Marrickville is 430th on a list of best yielding suburbs for rents in NSW with a 3.64% return