Property investors who have had real estate in Paxton, 2325 should be pleased 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 20.46%
Across a shorter period, Paxton, 2325 has seen a median price increase of 6.60% over the last quarter.
Vendor discounting in Paxton is giving property investors an average Vendor Discount of around -5.85%. This puts suburb at number 441th in NSW when ranking the most discounted suburbs.
At number 523 in a list of fastest selling suburbs, Paxton is in the TOP 20% of suburbs in Australia with an average of days on market 49.96 for properties listed there.
A $260 per week rent on the median house gives suburb investors a gross yield of circa 4.29%, without taking into account capital value appreciation, which has been averaging out at 7.70%.