At number 1544th in the list of Australian suburbs ordered by increase in median house value over the last year, Revesby, 2212 is in the top 40% with a property value increase of 9.68% recorded in median house prices.
The five-year average increase in median property values for Revesby,2212 has given property investors a potential capital gain of 75.86% across each of those five years.
Property investors looking for a bargain in Revesby should be aiming for at least -3.64% off the asking price, which is the average vendor discount being achieved at the moment.
Revesby is 928th on a list of best yielding suburbs for rents in NSW with a 2.70% return
Giving property investors a an average capital gain of 1.75% for the last year, Revesby, 2212 is the 1024th highest performer in Australia in this respect.
Comparing Revesby,2212 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Vendor discounting in Revesby is giving property investors an average Vendor Discount of around -3.07%. This puts suburb at number 345th in NSW when ranking the most discounted suburbs.
At number 400 in a list of fastest selling suburbs, Revesby is in the TOP 30% of suburbs in Australia with an average of days on market 56.26 for properties listed there.
Using the current median advertised rental of $500 and the average annual increase in value of a median property of 7.69%, investors should hope to achieve an overall return of 3.54%