With a capital gain of 6.10% for the last 12 months, Gillieston Heights, 2321 has performed for property investments than its average annual 7.55% property growth over the last 5 years.
If we look at median property appreciation over just the last three months, Gillieston Heights has given property investors a paper return of 1.16%. This puts Suburb as 883 on a list of fastest fasting appreciating suburbs in NSW
Sellers are offering property buyers an average discount of -4.91% to buyers in Gillieston Heights at the moment, which is less than average for the rest of NSW.
With the median price for a house in Gillieston Heights being $435000 and the advertised rent reaching $397.5 the gross rental yield for property investors calculates out to be 4.75%