At number 1469th in the list of Australian suburbs ordered by increase in median house value over the last year, Sylvania, 2224 is in the top 40% with a property value increase of 8.40% recorded in median house prices.
A 62.88% growth in median value for property investors in Sylvania,2224 puts this suburb at number 489th in terms of best performing suburbs in NSW
The most recent median price for Sylvania is $1303000, with sellers offering an average of -6.93% off the asking price.
Using the current median advertised rental of $695 and the average annual increase in value of a median property of 8.04%, investors should hope to achieve an overall return of 2.77%
At number 1083th in the list of Australian suburbs ordered by increase in median house value over the last year, Sylvania, 2224 is in the BOTTOM 40% with a property value increase of 0.20% recorded in median house prices.
Across a shorter period, Sylvania, 2224 has seen a median price increase of 1.11% over the last quarter.
Sellers are offering property buyers an average discount of -5.69% to buyers in Sylvania at the moment, which is less than average for the rest of NSW.
Advertised rents are around the $550 mark per week – giving a return of 3.31% based on the median price in Suburb