Property investors who have had real estate in Allawah, 2218 should be unhappy with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -4.00%
Taking the average capital gain, or increase in median house value, Allawah,2218 has racked up an average of -4.00% over the period. This ranks it number 673th in the whole country for real estate investors looking at median house price increases.
NSW has seen average median house prices change by 5.59% which means that Allawah, 2218 has done well for property investors by showing a capital gain of 1.98% over the last year
Allawah,2218 has offered an average of 1.98% 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 -4.45. This rate of discount on properties puts Suburb at number 366th in terms of most discounted suburbs in NSW
At number 422 in a list of fastest selling suburbs, Allawah is in the TOP 30% of suburbs in Australia with an average of days on market 60.81 for properties listed there.
Using the current median advertised rental of $460 and the average annual increase in value of a median property of 7.09%, investors should hope to achieve an overall return of 3.58%