NSW has seen average median house prices change by 7.93% which means that Jannali, 2226 has done well for property investors by showing a capital gain of 8.02% over the last year
The five-year average increase in median property values for Jannali,2226 has given property investors a potential capital gain of 51.75% across each of those five years.
Property buyers and investors in Jannali 2226 should be seeing an average reduction in asking price of around -11.48% . This means that Jannali is holding prices well when compared to other suburbs in NSW.
Jannali, 2226’s gross rental yield is 2.99%
Over the last year, property investments in Jannali, 2226 have given investors a capital gain of 22.84%. This compares very favourably with the 6.92% for NSW as a whole.
Jannali,2226 was ranked 1209 in Australia by increase in median property value over the quarter.
Jannali2226 is located in NSW which offers an average discount of -4.46% to property investors. Jannali itself is showing figures that indicate -1.74% is the average achievable by property buyers investing in the suburb.
In the last year 48 properties changed hands in Jannali, which puts it as the 258th most active market in NSW when comparing the number of sales per suburb.
A $420 per week rent on the median house gives suburb investors a gross yield of circa 3.08%, without taking into account capital value appreciation, which has been averaging out at 8.59%.
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.