Property value increases in Marrickville have tracked close to the NSW average of 7.15% over the last 12 months.
While Marrickville,2204 ranked number 699th in NSW for increase in median house value (annualised) increase, it is ranked 232th over the last 5 years.
The most recent median price for Marrickville is $1260000, with sellers offering an average of -3.27% off the asking price.
Residents and property investors in Marrickville have been waiting around 53.49 days to sell a property.
Using the current median advertised rental of $720 and the average annual increase in value of a median property of 9.15%, investors should hope to achieve an overall return of 2.97%
If you compare the increase in value of investment property in Marrickville, 2204 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 1.17%.
When looking at the potential capital gains offered to property investors over the last 3 years, Marrickville comes in at number 344th in NSW.
The most recent median price for Marrickville is $647500, with sellers offering an average of -4.35% off the asking price.
Residents and property investors in Marrickville have been waiting around 51.64 days to sell a property.