Property value increases in Islington have tracked close to the NSW average of 8.99% over the last 12 months.
Islington,2296 has offered an average of 7.86% 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 Islington is offering property investors an average of -5.52. This rate of discount on properties puts Suburb at number 1038th in terms of most discounted suburbs in NSW
Situated 117.06km from the CBD, Islington is one of Newcastle localities in the postcode 2296.
NSW has seen average median house prices change by 8.14% which means that Islington, 2296 has done well for property investors by showing a capital gain of -0.53% over the last year
The five-year average increase in median property values for Islington,2296 has given property investors a potential capital gain of 28.77% across each of those five years.
At number 451th of NSW’s most discounted properties, Islington is in the TOP 10% of the state/territory when listing in order of most discounted to least.
On average over the past year, suburb has had 1.58 sales per month, which equates to 19 per year.
Property investors should expect to get $420 weekly from the median priced house in this suburb.