Townsend is in the bottom 10% in NSW when comparing median price capital growth over the last year. Townsend gave property investors a dismal capital gain figure when compared to the rest of the state, with -2.68%.
Across a shorter period, Townsend, 2463 has seen a median price increase of 1.32% over the last quarter.
Townsend, 2463 is offering NSW ‘s 1169th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 10% of discounts offered by this NSW.
Residents and property investors in Townsend have been waiting around 73.68 days to sell a property.
A $370 per week rent on the median house gives suburb investors a gross yield of circa 5.58%, without taking into account capital value appreciation, which has been averaging out at 3.58%.