Property value increases in Jannali have tracked close to the NSW average of 8.99% over the last 12 months.
Across a shorter period, Jannali, 2226 has seen a median price increase of -0.63% over the last quarter.
Our latest figures would indicate that property sellers in Jannali are currently offering property investors an average price cut of -12.80% below the asking price at the moment.
Often selling an investment property can take time, and in Jannali the average time real estate has been on the market is 36.82 days.
If you compare the increase in value of investment property in Jannali, 2226 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 29.33%.
Over the longer term, Jannali has seen property prices show investors a 56.04% return over the last 3 years. This is worse than over the last 12 months
Property investors looking for a bargain in Jannali should be aiming for at least -1.78% off the asking price, which is the average vendor discount being achieved at the moment.
Situated 19.00km from the CBD, Jannali is one of Sutherland Shire localities in the postcode 2226.
Jannali, located in the heart of the Sutherland Shire area about 30km south of Sydney, boasts a quaint residential feel combined with easy access to Sydney’s CBD via rail.Full summary
Information supplied by:
Jannali, located in the heart of the Sutherland Shire area about 30km south of Sydney, boasts a quaint residential feel combined with easy access to Sydney’s CBD via rail.Close
It is clearly one of the area’s most accessible suburbs, with its own rail station and direct trains to the city.
The suburb has become massively in demand during the past few years with CoreLogic RP Data figures showing a total of 30% capital growth during the last three years.
Recently, prices have jumped again by 10% amid the buying frenzy in the Sydney market.
Demand is also strong in Jannali’s rental market, as evidenced by a low vacancy rate at just 0.79%.
The Sutherland Shire is constrained geographically as it is surrounded by water and the Royal National Park, a factor sure to benefit Jannali as development in the area is slim and the surrounding suburbs post
higher median values.