Property investors who have had real estate in Gillieston Heights, 2321 should be relatively unhappy with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 2.33%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Gillieston Heights has increased when compared to the 5 year average annual rate.
Gillieston Heights2321 is located in NSW which offers an average discount of -5.35% to property investors. Gillieston Heights itself is showing figures that indicate -4.93% is the average achievable by property buyers investing in the suburb.
With the median price for a house in Gillieston Heights being $440000 and the advertised rent reaching $400 the gross rental yield for property investors calculates out to be 4.73%