Property value increases in Gwynneville have tracked higher than the NSW average of 6.38% over the last 12 months.
Taking the average capital gain, or increase in median house value, Gwynneville,2500 has racked up an average of 13.64% over the period. This ranks it number 724th in the whole country for real estate investors looking at median house price increases.
A $450 per week rent on the median house gives suburb investors a gross yield of circa 3.12%, without taking into account capital value appreciation, which has been averaging out at 7.07%.
Giving property investors a a poor capital gain of -12.89% for the last year, Gwynneville, 2500 is the 1626th highest performer in Australia in this respect.
Gwynneville,2500 was ranked 391 in Australia by increase in median property value over the quarter.
Our latest figures would indicate that property sellers in Gwynneville are currently offering property investors an average price cut of -5.97% below the asking price at the moment.
Advertised rents are around the $350 mark per week – giving a return of 4.64% based on the median price in Suburb