Property investors who have had real estate in Niagara Park, 2250 should be pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 12.09%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Niagara Park has increased when compared to the 5 year average annual rate.
Vendor discounting in Niagara Park is giving property investors an average Vendor Discount of around -4.89%. This puts suburb at number 679th in NSW when ranking the most discounted suburbs.
Residents and property investors in Niagara Park have been waiting around 27.29 days to sell a property.
Using the current median advertised rental of $425 and the average annual increase in value of a median property of 4.48%, investors should hope to achieve an overall return of 4.33%