NSW has seen average median house prices change by 7.15% which means that Padstow, 2211 has done well for property investors by showing a capital gain of 6.00% over the last year
The five-year average increase in median property values for Padstow,2211 has given property investors a potential capital gain of 65.35% across each of those five years.
Property buyers and investors in Padstow 2211 should be seeing an average reduction in asking price of around -4.71% . This means that Padstow is holding prices well when compared to other suburbs in NSW.
In the last year 162 properties changed hands in Padstow, which puts it as the 104th most active market in NSW when comparing the number of sales per suburb.
Situated 16.33km from the CBD, Padstow is one of Bankstown localities in the postcode 2211.
Property value increases in Padstow have tracked just lower than the NSW average of 6.59% over the last 12 months.
Padstow,2211 has offered an average of 1.26% return per annum in house price rises to property investors over the last three years.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.48% offered to property buyers. Sellers in Padstow itself are offering an average vendor discount of -4.29% to real estate investors.
In the last year 58 properties changed hands in Padstow, which puts it as the 233th most active market in NSW when comparing the number of sales per suburb.