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 -20.47%.
If we look at median property appreciation over just the last three months, Sylvania Waters has given property investors a paper return of -2.26%. This puts Suburb as 1239 on a list of fastest fasting appreciating suburbs in NSW
Property investors looking for a bargain in Sylvania Waters should be aiming for at least -3.46% off the asking price, which is the average vendor discount being achieved at the moment.
On average over the past year, suburb has had 3.67 sales per month, which equates to 44 per year.
Renters in Suburb are facing rents around $11700 per annum or $975 every week.
Investment property in Sylvania Waters has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 6.05%
Comparing Sylvania Waters,2224 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
At number 430th of NSW’s most discounted properties, Sylvania Waters is in the TOP 10% of the state/territory when listing in order of most discounted to least.
At number 25 in a list of fastest selling suburbs, Sylvania Waters is in the TOP 10% of suburbs in Australia with an average of days on market 28.5 for properties listed there.
The NSW suburb of Sylvania Waters, 2224 is in the Sutherland Shire local government area.