Property value increases in Sylvania have tracked just higher than the NSW average of 10.13% over the last 12 months.
When looking at the potential capital gains offered to property investors over the last 3 years, Sylvania comes in at number 302th in NSW.
Sylvania, 2224 is offering NSW ‘s 593th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this NSW.
Residents and property investors in Sylvania have been waiting around 76.87 days to sell a property.
Situated 18.91km from the CBD, Sylvania is one of Sutherland Shire localities in the postcode 2224.
Sylvania has had a pretty good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 12.79% to date .
Taking the average capital gain, or increase in median house value, Sylvania,2224 has racked up an average of 12.79% over the period. This ranks it number 155th in the whole country for real estate investors looking at median house price increases.
LACK OF BUYER INTEREST may well be the reason that Sylvania is offering property investors an average of -4.16. This rate of discount on properties puts Suburb at number 43th in terms of most discounted suburbs in NSW
Often selling an investment property can take time, and in Sylvania the average time real estate has been on the market is 75.82 days.
With the median price for a house in Sylvania being $970000 and the advertised rent reaching $590 the gross rental yield for property investors calculates out to be 3.16%