Investment property in Gwynneville has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 16.62%
Sellers are offering property buyers an average discount of -3.86% to buyers in Gwynneville at the moment, which is less than average for the rest of NSW.
Residents and property investors in Gwynneville have been waiting around 59.76 days to sell a property.
A $550 per week rent on the median house gives suburb investors a gross yield of circa 3.57%, without taking into account capital value appreciation, which has been averaging out at 7.31%.
Gwynneville has had a pretty good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 14.29% to date .
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 Gwynneville, 2500. Typically our figures indicate that -2.01% is being offered, which puts this NSW suburb at 1415th most discounted overall in Australia.
The NSW suburb of Gwynneville, 2500 is in the Wollongong local government area.