Sylvania Waters has had a very poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of -19.79% to date .
Sylvania Waters,2224 has offered an average of -19.79% return per annum in house price rises to property investors over the last three years.
Sellers are offering property buyers an average discount of -2.96% to buyers in Sylvania Waters at the moment, which is less than average for the rest of NSW.
With the median price for a house in Sylvania Waters being $1700500 and the advertised rent reaching $900 the gross rental yield for property investors calculates out to be 2.75%
At number 1367th in the list of Australian suburbs ordered by increase in median house value over the last year, Sylvania Waters, 2224 is in the BOTTOM 30% with a property value increase of -3.96% recorded in median house prices.
Sylvania Waters,2224 was ranked 556 in Australia by increase in median property value over the quarter.
Vendor discounting in Sylvania Waters is giving property investors an average Vendor Discount of around -2.34%. This puts suburb at number 428th in NSW when ranking the most discounted suburbs.
In the last year 14 properties changed hands in Sylvania Waters, which puts it as the 526th most active market in NSW when comparing the number of sales per suburb.
Advertised rents are around the $475 mark per week – giving a return of 3.92% based on the median price in Suburb