Property value increases in Bexley North have tracked just lower than the NSW average of 8.26% over the last 12 months.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Bexley North has increased when compared to the 5 year average annual rate.
A $550 per week rent on the median house gives suburb investors a gross yield of circa 2.23%, without taking into account capital value appreciation, which has been averaging out at 9.02%.
Bexley North has had a very poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of -2.47% to date .
If we look at median property appreciation over just the last three months, Bexley North has given property investors a paper return of 0.08%. This puts Suburb as 372 on a list of fastest fasting appreciating suburbs in NSW