If you compare the increase in value of investment property in Padstow, 2211 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this NSW suburb was 3.97%.
Taking the average capital gain, or increase in median house value, Padstow,2211 has racked up an average of 3.97% over the period. This ranks it number 881th in the whole country for real estate investors looking at median house price increases.
Padstow2211 is located in NSW which offers an average discount of -5.49% to property investors. Padstow itself is showing figures that indicate -4.04% is the average achievable by property buyers investing in the suburb.
Investment property in Padstow has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 7.01%
Over the longer term, Padstow has seen property prices show investors a 39.00% return over the last 3 years. This is worse than over the last 12 months
Property investors looking for a bargain in Padstow should be aiming for at least -4.57% off the asking price, which is the average vendor discount being achieved at the moment.
On average over the past year, suburb has had 4.92 sales per month, which equates to 59 per year.
Padstow, 2211’s gross rental yield is 3.44%