Investment property in Gloucester has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 1.94%
When looking at the potential capital gains offered to property investors over the last 3 years, Gloucester comes in at number 1122th in NSW.
Property buyers and investors in Gloucester 2422 should be seeing an average reduction in asking price of around -7.43% . This means that Gloucester is holding prices well when compared to other suburbs in NSW.
Often selling an investment property can take time, and in Gloucester the average time real estate has been on the market is 147.14 days.
Using the current median advertised rental of $272.5 and the average annual increase in value of a median property of 2.46%, investors should hope to achieve an overall return of 5.40%