NSW has seen average median house prices change by 9.74% which means that Sylvania, 2224 has done well for property investors by showing a capital gain of 12.97% over the last year
The five-year average increase in median property values for Sylvania,2224 has given property investors a potential capital gain of 71.32% across each of those five years.
At number 376th of NSW’s most discounted properties, Sylvania is in the bottom 40% of the state/territory when listing in order of most discounted to least.
In the last year 99 properties changed hands in Sylvania, which puts it as the 294th most active market in NSW when comparing the number of sales per suburb.
Situated 18.70km 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 quite well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 5.47%.
If we look at median property appreciation over just the last three months, Sylvania has given property investors a paper return of 6.54%. This puts Suburb as 97 on a list of fastest fasting appreciating suburbs in NSW
Property buyers and investors in Sylvania 2224 should be seeing an average reduction in asking price of around -5.75% . This means that Sylvania is holding prices well when compared to other suburbs in NSW.
A $570 per week rent on the median house gives suburb investors a gross yield of circa 3.23%, without taking into account capital value appreciation, which has been averaging out at 7.19%.