If you compare the increase in value of investment property in Harrington, 2427 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 6.27%.
Harrington,2427 was ranked 1456 in Australia by increase in median property value over the quarter.
The most recent median price for Harrington is $441000, with sellers offering an average of -2.46% off the asking price.
Residents and property investors in Harrington have been waiting around 89.66 days to sell a property.
Renters in Suburb are facing rents around $4680 per annum or $390 every week.
Over the last year, property investments in Harrington, 2427 have given investors a capital gain of 18.97%. This compares very favourably with the 5.41% for NSW as a whole.
If we look at median property appreciation over just the last three months, Harrington has given property investors a paper return of 10.40%. This puts Suburb as 34 on a list of fastest fasting appreciating suburbs in NSW
LACK OF BUYER INTEREST may well be the reason that Harrington is offering property investors an average of -4.42. This rate of discount on properties puts Suburb at number 276th in terms of most discounted suburbs in NSW
Residents and property investors in Harrington have been waiting around 141.7 days to sell a property.
Advertised rents are around the $305 mark per week – giving a return of 4.60% based on the median price in Suburb