Birmingham Gardens is in the bottom 10% in NSW when comparing median price capital growth over the last year. Birmingham Gardens gave property investors a dismal capital gain figure when compared to the rest of the state, with -3.57%.
The five-year average increase in median property values for Birmingham Gardens,2287 has given property investors a potential capital gain of 29.37% across each of those five years.
Property investors looking for a bargain in Birmingham Gardens should be aiming for at least -7.56% off the asking price, which is the average vendor discount being achieved at the moment.
On average over the past year, suburb has had 4.17 sales per month, which equates to 50 per year.
Property investors who have had real estate in Birmingham Gardens, 2287 should be relatively unhappy with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -3.80%
A $420 per week rent on the median house gives suburb investors a gross yield of circa 5.08%, without taking into account capital value appreciation, which has been averaging out at 1.95%.