NSW has seen average median house prices change by 6.38% which means that Sylvania, 2224 has done well for property investors by showing a capital gain of 2.88% over the last year
When looking at the potential capital gains offered to property investors over the last 3 years, Sylvania comes in at number 461th in NSW.
Property investors looking for a bargain in Sylvania should be aiming for at least -6.14% off the asking price, which is the average vendor discount being achieved at the moment.
Situated 18.74km from the CBD, Sylvania is one of Sutherland Shire localities in the postcode 2224.
If you compare the increase in value of investment property in Sylvania, 2224 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this NSW suburb was 1.18%.
When looking at the potential capital gains offered to property investors over the last 3 years, Sylvania comes in at number 359th in NSW.
Sellers are offering property buyers an average discount of -6.68% to buyers in Sylvania at the moment, which is less than average for the rest of NSW.
With the median price for a house in Sylvania being $860000 and the advertised rent reaching $550 the gross rental yield for property investors calculates out to be 3.33%