With a capital gain of 11.82% for the last 12 months, Bexley, 2207 has performed for property investments than its average annual 9.40% property growth over the last 5 years.
Taking the average capital gain, or increase in median house value, Bexley,2207 has racked up an average of 11.82% over the period. This ranks it number 758th in the whole country for real estate investors looking at median house price increases.
Property buyers and investors in Bexley 2207 should be seeing an average reduction in asking price of around -10.79% . This means that Bexley is holding prices well when compared to other suburbs in NSW.
In the last year 153 properties changed hands in Bexley, which puts it as the 119th most active market in NSW when comparing the number of sales per suburb.
Property investors should expect to get $600 weekly from the median priced house in this suburb.
Over the last year, property investments in Bexley, 2207 have given investors a capital gain of 3.68%. This compares averagely with the 6.22% for NSW as a whole.
While Bexley,2207 ranked number 179th in NSW for increase in median house value (annualised) increase, it is ranked 198th over the last 5 years.
LACK OF BUYER INTEREST may well be the reason that Bexley is offering property investors an average of -4.26. This rate of discount on properties puts Suburb at number 235th in terms of most discounted suburbs in NSW
Situated 11.15km from the CBD, Bexley is one of Rockdale localities in the postcode 2207.