When looking at the potential capital gains offered to property investors over the last 3 years, Magenta comes in at number 1232th in NSW.
With a capital gain of -0.96% for the last 12 months, Magenta, 2261 has performed for property investments than its average annual -0.95% property growth over the last 5 years.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Magenta has increased when compared to the 5 year average annual rate.
Vendor discounting in Magenta is giving property investors an average Vendor Discount of around -6.84%. This puts suburb at number 26th in NSW when ranking the most discounted suburbs.
Residents and property investors in Magenta have been waiting around 153.2 days to sell a property.
Renters in Suburb are facing rents around $5040 per annum or $420 every week.