If you compare the increase in value of investment property in Maryville, 2293 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this NSW suburb was 3.86%.
Maryville,2293 was ranked 1536 in Australia by increase in median property value over the quarter.
Property investors looking for a bargain in Maryville should be aiming for at least -4.84% 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 Maryville the average time real estate has been on the market is 50.36 days.
Maryville is 632th on a list of best yielding suburbs for rents in NSW with a 3.60% return
At number 224th in the list of Australian suburbs ordered by increase in median house value over the last year, Maryville, 2293 is in the top 20% with a property value increase of 14.79% recorded in median house prices.
Taking the average capital gain, or increase in median house value, Maryville,2293 has racked up an average of 14.79% over the period. This ranks it number 618th in the whole country for real estate investors looking at median house price increases.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.41% offered to property buyers. Sellers in Maryville itself are offering an average vendor discount of -1.68% to real estate investors.
At number 105 in a list of fastest selling suburbs, Maryville is in the TOP 10% of suburbs in Australia with an average of days on market 39.66 for properties listed there.
Using the current median advertised rental of $525 and the average annual increase in value of a median property of 3.75%, investors should hope to achieve an overall return of 3.70%