If you compare the increase in value of investment property in Marrickville, 2204 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 14.80%.
Over the longer term, Marrickville has seen property prices show investors a 59.80% return over the last 3 years. This is worse than over the last 12 months
At number 1097th of NSW’s most discounted properties, Marrickville is in the TOP 10% of the state/territory when listing in order of most discounted to least.
A $700 per week rent on the median house gives suburb investors a gross yield of circa 2.54%, without taking into account capital value appreciation, which has been averaging out at 10.34%.
At number 375th in the list of Australian suburbs ordered by increase in median house value over the last year, Marrickville, 2204 is in the top 30% with a property value increase of 11.98% recorded in median house prices.
Comparing Marrickville,2204 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Our latest figures would indicate that property sellers in Marrickville are currently offering property investors an average price cut of -3.27% below the asking price at the moment.
A $495 per week rent on the median house gives suburb investors a gross yield of circa 3.57%, without taking into account capital value appreciation, which has been averaging out at 8.26%.