Investment property in Gymea 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 10.19%
The five-year average increase in median property values for Gymea,2227 has given property investors a potential capital gain of 74.23% across each of those five years.
The most recent median price for Gymea is $1190000, with sellers offering an average of -4.60% off the asking price.
A $680 per week rent on the median house gives suburb investors a gross yield of circa 2.97%, without taking into account capital value appreciation, which has been averaging out at 8.66%.
Gymea, 2227 ranked 342th in NSW when comparing growth in median property values or capital gain over the last 12 months. Gymea is one of 3163 in our list for NSW
If we look at median property appreciation over just the last three months, Gymea has given property investors a paper return of 2.90%. This puts Suburb as 171 on a list of fastest fasting appreciating suburbs in NSW
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.45% offered to property buyers. Sellers in Gymea itself are offering an average vendor discount of -2.94% to real estate investors.
Gymea, 2227’s gross rental yield is 3.59%