Townsend has had a pretty average year for property investment returns compared to the rest of NSW, giving investors a capital gain of 8.25% to date .
Townsend,2463 was ranked 2640 in Australia by increase in median property value over the quarter.
Our latest figures would indicate that property sellers in Townsend are currently offering property investors an average price cut of -2.46% below the asking price at the moment.
In the last year 20 properties changed hands in Townsend, which puts it as the 1140th most active market in NSW when comparing the number of sales per suburb.
Using the current median advertised rental of $350 and the average annual increase in value of a median property of 3.51%, investors should hope to achieve an overall return of 5.34%