Giving property investors a a poor capital gain of -25.60% for the last year, Sylvania Waters, 2224 is the 4135th highest performer in Australia in this respect.
Taking the average capital gain, or increase in median house value, Sylvania Waters,2224 has racked up an average of -25.60% over the period. This ranks it number 981th in the whole country for real estate investors looking at median house price increases.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.45% offered to property buyers. Sellers in Sylvania Waters itself are offering an average vendor discount of -3.69% to real estate investors.
Using the current median advertised rental of $950 and the average annual increase in value of a median property of 9.65%, investors should hope to achieve an overall return of 2.98%
If you compare the increase in value of investment property in Sylvania Waters, 2224 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 0.30%.
Property buyers and investors in Sylvania Waters 2224 should be seeing an average reduction in asking price of around -2.47% . This means that Sylvania Waters is holding prices well when compared to other suburbs in NSW.
On average over the past year, suburb has had 1.17 sales per month, which equates to 14 per year.
Renters in Suburb are facing rents around $5970 per annum or $497.5 every week.