At number 1794th in the list of Australian suburbs ordered by increase in median house value over the last year, Padstow, 2211 is in the top half with a property value increase of 7.89% recorded in median house prices.
Across a shorter period, Padstow, 2211 has seen a median price increase of 4.06% over the last quarter.
Property investors looking for a bargain in Padstow should be aiming for at least -4.39% off the asking price, which is the average vendor discount being achieved at the moment.
Padstow, 2211 ranked 104th in NSW when comparing growth in median property values or capital gain over the last 12 months. Padstow is one of 3163 in our list for NSW
Taking the average capital gain, or increase in median house value, Padstow,2211 has racked up an average of 16.86% over the period. This ranks it number 127th in the whole country for real estate investors looking at median house price increases.
Our latest figures would indicate that property sellers in Padstow are currently offering property investors an average price cut of -4.62% below the asking price at the moment.
At number 203 in a list of fastest selling suburbs, Padstow is in the TOP 20% of suburbs in Australia with an average of days on market 44.24 for properties listed there.
Padstow, 2211’s gross rental yield is 3.29%