Giving property investors a a stable capital gain of 9.28% for the last year, Engadine, 2233 is the 1383th highest performer in Australia in this respect.
A 61.07% growth in median value for property investors in Engadine,2233 puts this suburb at number 486th in terms of best performing suburbs in NSW
Property investors looking for a bargain in Engadine should be aiming for at least -5.22% off the asking price, which is the average vendor discount being achieved at the moment.
On average over the past year, suburb has had 14.42 sales per month, which equates to 173 per year.
Engadine is 757th on a list of best yielding suburbs for rents in NSW with a 3.25% return
Engadine has had a pretty average year for property investment returns compared to the rest of NSW, giving investors a capital gain of 3.59% to date .
The five-year average increase in median property values for Engadine,2233 has given property investors a potential capital gain of 52.47% across each of those five years.
Property buyers and investors in Engadine 2233 should be seeing an average reduction in asking price of around -4.45% . This means that Engadine is holding prices well when compared to other suburbs in NSW.
At number 52 in a list of fastest selling suburbs, Engadine is in the TOP 10% of suburbs in Australia with an average of days on market 31.65 for properties listed there.
A $430 per week rent on the median house gives suburb investors a gross yield of circa 3.30%, without taking into account capital value appreciation, which has been averaging out at 7.04%.