NSW has seen average median house prices change by 8.26% which means that Jannali, 2226 has done well for property investors by showing a capital gain of 2.73% over the last year
Jannali,2226 was ranked 1253 in Australia by increase in median property value over the quarter.
Property investors looking for a bargain in Jannali should be aiming for at least -15.01% off the asking price, which is the average vendor discount being achieved at the moment.
In the last year 52 properties changed hands in Jannali, which puts it as the 627th most active market in NSW when comparing the number of sales per suburb.
The NSW suburb of Jannali, 2226 is in the Sutherland Shire local government area.
With a capital gain of 3.83% for the last 12 months, Jannali, 2226 has performed for property investments than its average annual 8.82% property growth over the last 5 years.
If we look at median property appreciation over just the last three months, Jannali has given property investors a paper return of 2.99%. This puts Suburb as 186 on a list of fastest fasting appreciating suburbs in NSW
The most recent median price for Jannali is $732500, with sellers offering an average of -1.56% off the asking price.
Property investors should expect to get $420 weekly from the median priced house in this suburb.
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.