Property investors who have had real estate in Revesby, 2212 should be ok with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 2.78%
Over the longer term, Revesby has seen property prices show investors a 43.41% return over the last 3 years. This is worse than over the last 12 months
Property investors looking for a bargain in Revesby should be aiming for at least -6.20% off the asking price, which is the average vendor discount being achieved at the moment.
On average over the past year, suburb has had 14.33 sales per month, which equates to 172 per year.
The NSW suburb of Revesby, 2212 is in the Bankstown local government area.
NSW has seen average median house prices change by 6.92% which means that Revesby, 2212 has done well for property investors by showing a capital gain of 4.94% over the last year
Over the longer term, Revesby has seen property prices show investors a 48.87% return over the last 3 years. This is worse than over the last 12 months
Sellers are offering property buyers an average discount of -3.76% to buyers in Revesby at the moment, which is less than average for the rest of NSW.
Revesby, 2212’s gross rental yield is 3.53%