Over the last year, property investments in Teralba, 2284 have given investors a capital gain of 18.42%. This compares very favourably with the 8.26% for NSW as a whole.
While Teralba,2284 ranked number 28th in NSW for increase in median house value (annualised) increase, it is ranked 770th over the last 5 years.
Property investors looking for a bargain in Teralba should be aiming for at least -8.33% off the asking price, which is the average vendor discount being achieved at the moment.
Often selling an investment property can take time, and in Teralba the average time real estate has been on the market is 94.6 days.
Using the current median advertised rental of $365 and the average annual increase in value of a median property of 4.61%, investors should hope to achieve an overall return of 4.22%