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 5.83%.
Comparing Sylvania,2224 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Sylvania2224 is located in NSW which offers an average discount of -5.49% to property investors. Sylvania itself is showing figures that indicate -6.60% is the average achievable by property buyers investing in the suburb.
At number 1969 in a list of fastest selling suburbs, Sylvania is just in the bottom half of suburbs in Australia with an average of days on market 83.51 for properties listed there.
Renters in Suburb are facing rents around $8340 per annum or $695 every week.
Property investors who have had real estate in Sylvania, 2224 should be relatively unhappy with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -4.15%
While Sylvania,2224 ranked number 429th in NSW for increase in median house value (annualised) increase, it is ranked 307th over the last 5 years.
Property investors looking for a bargain in Sylvania should be aiming for at least -5.85% off the asking price, which is the average vendor discount being achieved at the moment.
Sylvania, 2224’s gross rental yield is 3.34%