Property investors who have had real estate in Maryland, 2287 should be relatively 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 9.52%
Maryland,2287 has offered an average of 9.52% return per annum in house price rises to property investors over the last three years.
LACK OF BUYER INTEREST may well be the reason that Maryland is offering property investors an average of -5.49. This rate of discount on properties puts Suburb at number 561th in terms of most discounted suburbs in NSW
Situated 129.41km from the CBD, Maryland is one of Newcastle localities in the postcode 2287.
NSW has seen average median house prices change by 6.07% which means that Maryland, 2287 has done well for property investors by showing a capital gain of 11.22% over the last year
With the median price for a house in Maryland being $414000 and the advertised rent reaching $360 the gross rental yield for property investors calculates out to be 4.52%