Property value increases in Gwynneville have tracked higher than the NSW average of 8.26% over the last 12 months.
While Gwynneville,2500 ranked number 248th in NSW for increase in median house value (annualised) increase, it is ranked 404th over the last 5 years.
Property buyers and investors in Gwynneville 2500 should be seeing an average reduction in asking price of around -1.23% . This means that Gwynneville is holding prices well when compared to other suburbs in NSW.
Often selling an investment property can take time, and in Gwynneville the average time real estate has been on the market is 26.09 days.
Property investors who have had real estate in Gwynneville, 2500 should be relatively pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 10.53%
Over the longer term, Gwynneville has seen property prices show investors a 29.33% return over the last 3 years. This is worse than over the last 12 months
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.33% offered to property buyers. Sellers in Gwynneville itself are offering an average vendor discount of -6.20% to real estate investors.
Often selling an investment property can take time, and in Gwynneville the average time real estate has been on the market is 78.18 days.
Renters in Suburb are facing rents around $4560 per annum or $380 every week.