If you compare the increase in value of investment property in Padstow Heights, 2211 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this NSW suburb was 2.36%.
If we look at median property appreciation over just the last three months, Padstow Heights has given property investors a paper return of 1.50%. This puts Suburb as 799 on a list of fastest fasting appreciating suburbs in NSW
Property investors looking for a bargain in Padstow Heights should be aiming for at least -4.82% off the asking price, which is the average vendor discount being achieved at the moment.
In the last year 40 properties changed hands in Padstow Heights, which puts it as the 793th most active market in NSW when comparing the number of sales per suburb.
The NSW suburb of Padstow Heights, 2211 is in the Bankstown local government area.