If you compare the increase in value of investment property in Sylvania Waters, 2224 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this NSW suburb was -23.53%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Sylvania Waters has increased when compared to the 5 year average annual rate.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.49% offered to property buyers. Sellers in Sylvania Waters itself are offering an average vendor discount of -4.03% to real estate investors.
In the last year 42 properties changed hands in Sylvania Waters, which puts it as the 775th most active market in NSW when comparing the number of sales per suburb.
Sylvania Waters, 2224’s gross rental yield is 3.04%
With a capital gain of 0.30% for the last 12 months, Sylvania Waters, 2224 has performed for property investments than its average annual 6.23% property growth over the last 5 years.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.33% offered to property buyers. Sellers in Sylvania Waters itself are offering an average vendor discount of -2.47% to real estate investors.
With the median price for a house in Sylvania Waters being $630000 and the advertised rent reaching $515 the gross rental yield for property investors calculates out to be 4.25%