Over the last year, property investments in Revesby, 2212 have given investors a capital gain of 1.09%. This compares badly with the 7.15% for NSW as a whole.
Revesby,2212 has offered an average of 1.09% return per annum in house price rises to property investors over the last three years.
Revesby2212 is located in NSW which offers an average discount of -5.53% to property investors. Revesby itself is showing figures that indicate -6.04% is the average achievable by property buyers investing in the suburb.
The NSW suburb of Revesby, 2212 is in the Bankstown local government area.
Revesby has had a quite poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of 3.18% to date .
Taking the average capital gain, or increase in median house value, Revesby,2212 has racked up an average of 3.18% over the period. This ranks it number 119th in the whole country for real estate investors looking at median house price increases.
Vendor discounting in Revesby is giving property investors an average Vendor Discount of around -3.50%. This puts suburb at number 350th in NSW when ranking the most discounted suburbs.
Often selling an investment property can take time, and in Revesby the average time real estate has been on the market is 62.43 days.
Using the current median advertised rental of $495 and the average annual increase in value of a median property of 7.74%, investors should hope to achieve an overall return of 3.56%