If you compare the increase in value of investment property in Gillieston Heights, 2321 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 5.01%.
Taking the average capital gain, or increase in median house value, Gillieston Heights,2321 has racked up an average of 5.01% over the period. This ranks it number 3137th in the whole country for real estate investors looking at median house price increases.
Our latest figures would indicate that property sellers in Gillieston Heights are currently offering property investors an average price cut of -4.79% below the asking price at the moment.
Residents and property investors in Gillieston Heights have been waiting around 86.9 days to sell a property.
Using the current median advertised rental of $400 and the average annual increase in value of a median property of 6.57%, investors should hope to achieve an overall return of 4.73%