If you compare the increase in value of investment property in Picnic Point, 2213 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this NSW suburb was 0.32%.
Comparing Picnic Point,2213 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Vendor discounting in Picnic Point is giving property investors an average Vendor Discount of around -8.16%. This puts suburb at number 136th in NSW when ranking the most discounted suburbs.
Situated 20.29km from the CBD, Picnic Point is one of Bankstown localities in the postcode 2213.
Picnic Point has had a pretty good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 13.31% to date .
Picnic Point,2213 has offered an average of 13.31% return per annum in house price rises to property investors over the last three years.
Vendor discounting in Picnic Point is giving property investors an average Vendor Discount of around -4.33%. This puts suburb at number 236th in NSW when ranking the most discounted suburbs.