Property investors who have had real estate in Revesby, 2212 should be relatively pleased 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 11.29%
A 78.14% growth in median value for property investors in Revesby,2212 puts this suburb at number 705th in terms of best performing suburbs in NSW
Property buyers and investors in Revesby 2212 should be seeing an average reduction in asking price of around -4.10% . This means that Revesby is holding prices well when compared to other suburbs in NSW.
Renters in Suburb are facing rents around $6600 per annum or $550 every week.
Over the last year, property investments in Revesby, 2212 have given investors a capital gain of 0.55%. This compares very badly with the 8.63% for NSW as a whole.
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.
LACK OF BUYER INTEREST may well be the reason that Revesby is offering property investors an average of -4.13. This rate of discount on properties puts Suburb at number 342th in terms of most discounted suburbs in NSW