NSW has seen average median house prices change by 7.93% which means that Rankin Park, 2287 has done well for property investors by showing a capital gain of 7.84% over the last year
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Rankin Park has increased when compared to the 5 year average annual rate.
Our latest figures would indicate that property sellers in Rankin Park are currently offering property investors an average price cut of -4.01% below the asking price at the moment.
At number 596 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 51.09 for properties listed there.
Rankin Park is 342th on a list of best yielding suburbs for rents in NSW with a 4.57% return