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 3.57%.
While Sylvania,2224 ranked number 1051th in NSW for increase in median house value (annualised) increase, it is ranked 382th over the last 5 years.
Property investors looking for a bargain in Sylvania should be aiming for at least -6.01% off the asking price, which is the average vendor discount being achieved at the moment.
The NSW suburb of Sylvania, 2224 is in the Sutherland Shire local government area.
Investment property in Sylvania has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 10.03%
While Sylvania,2224 ranked number 458th in NSW for increase in median house value (annualised) increase, it is ranked 218th over the last 5 years.
Vendor discounting in Sylvania is giving property investors an average Vendor Discount of around -6.96%. This puts suburb at number 25th in NSW when ranking the most discounted suburbs.
Often selling an investment property can take time, and in Sylvania the average time real estate has been on the market is 47 days.
A $550 per week rent on the median house gives suburb investors a gross yield of circa 3.34%, without taking into account capital value appreciation, which has been averaging out at 3.30%.