At number 1296th in the list of Australian suburbs ordered by increase in median house value over the last year, Rankin Park, 2287 is in the top 40% with a property value increase of 9.57% recorded in median house prices.
Taking the average capital gain, or increase in median house value, Rankin Park,2287 has racked up an average of 9.57% over the period. This ranks it number 2328th in the whole country for real estate investors looking at median house price increases.
Rankin Park, 2287 is offering NSW ‘s 791th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 40% of discounts offered by this NSW.
At number 458 in a list of fastest selling suburbs, Rankin Park is in the TOP 20% of suburbs in Australia with an average of days on market 47.35 for properties listed there.
A $420 per week rent on the median house gives suburb investors a gross yield of circa 4.24%, without taking into account capital value appreciation, which has been averaging out at 4.23%.