NSW has seen average median house prices change by 8.99% which means that Revesby, 2212 has done well for property investors by showing a capital gain of 6.61% over the last year
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Revesby has increased when compared to the 5 year average annual rate.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.52% offered to property buyers. Sellers in Revesby itself are offering an average vendor discount of -6.33% to real estate investors.
Residents and property investors in Revesby have been waiting around 55.85 days to sell a property.
Renters in Suburb are facing rents around $6420 per annum or $535 every week.
NSW has seen average median house prices change by 8.14% which means that Revesby, 2212 has done well for property investors by showing a capital gain of 6.45% over the last year
Comparing Revesby,2212 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Revesby, 2212 is offering NSW ‘s 307th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 40% of discounts offered by this NSW.
On average over the past year, suburb has had 5.67 sales per month, which equates to 68 per year.