Investment property in Allawah has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 14.41%
When looking at the potential capital gains offered to property investors over the last 3 years, Allawah comes in at number 80th in NSW.
Advertised rents are around the $550 mark per week – giving a return of 2.12% based on the median price in Suburb
Over the last year, property investments in Allawah, 2218 have given investors a capital gain of 1.85%. This compares badly with the 6.59% for NSW as a whole.
While Allawah,2218 ranked number 415th in NSW for increase in median house value (annualised) increase, it is ranked 194th over the last 5 years.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Allawah, 2218. Typically our figures indicate that -3.44% is being offered, which puts this NSW suburb at 1236th most discounted overall in Australia.
On average over the past year, suburb has had 7.25 sales per month, which equates to 87 per year.
Property investors should expect to get $460 weekly from the median priced house in this suburb.