At number 1650th in the list of Australian suburbs ordered by increase in median house value over the last year, Harrington, 2427 is in the top 40% with a property value increase of 8.33% recorded in median house prices.
Harrington,2427 has offered an average of 8.33% return per annum in house price rises to property investors over the last three years.
The most recent median price for Harrington is $455000, with sellers offering an average of -2.95% off the asking price.
Residents and property investors in Harrington have been waiting around 86.19 days to sell a property.
Harrington, 2427’s gross rental yield is 4.57%
At number 1469th in the list of Australian suburbs ordered by increase in median house value over the last year, Harrington, 2427 is in the BOTTOM 20% with a property value increase of -6.67% recorded in median house prices.
Comparing Harrington,2427 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Harrington, 2427. Typically our figures indicate that -2.23% is being offered, which puts this NSW suburb at 1384th most discounted overall in Australia.
On average over the past year, suburb has had 2.08 sales per month, which equates to 25 per year.
A $305 per week rent on the median house gives suburb investors a gross yield of circa 5.03%, without taking into account capital value appreciation, which has been averaging out at 3.14%.