If you compare the increase in value of investment property in Allawah, 2218 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this NSW suburb was 5.93%.
Allawah,2218 has offered an average of 5.93% return per annum in house price rises to property investors over the last three years.
LACK OF BUYER INTEREST may well be the reason that Allawah is offering property investors an average of -5.52. This rate of discount on properties puts Suburb at number 63th in terms of most discounted suburbs in NSW
In the last year 18 properties changed hands in Allawah, which puts it as the 1183th most active market in NSW when comparing the number of sales per suburb.
Situated 14.64km from the CBD, Allawah is one of Kogarah localities in the postcode 2218.
Allawah has had a quite poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of 5.16% to date .
If we look at median property appreciation over just the last three months, Allawah has given property investors a paper return of -0.30%. This puts Suburb as 322 on a list of fastest fasting appreciating suburbs in NSW
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 -3.73% is being offered, which puts this NSW suburb at 1149th most discounted overall in Australia.