NSW has seen average median house prices change by 6.87% which means that Jannali, 2226 has done well for property investors by showing a capital gain of 0.50% over the last year
Over the longer term, Jannali has seen property prices show investors a 31.94% return over the last 3 years. This is worse than over the last 12 months
Jannali2226 is located in NSW which offers an average discount of -5.49% to property investors. Jannali itself is showing figures that indicate -12.53% is the average achievable by property buyers investing in the suburb.
If you compare the increase in value of investment property in Jannali, 2226 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 7.72%.
Jannali,2226 was ranked 152 in Australia by increase in median property value over the quarter.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.42% offered to property buyers. Sellers in Jannali itself are offering an average vendor discount of -1.65% to real estate investors.
With the median price for a house in Jannali being $732500 and the advertised rent reaching $412.5 the gross rental yield for property investors calculates out to be 2.93%
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
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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.