Gwynneville is in the TOP 10% in NSW when comparing median price capital growth over the last year. Gwynneville gave property investors a very good capital gain figure when compared to the rest of the state, with 18.58%.
If we look at median property appreciation over just the last three months, Gwynneville has given property investors a paper return of 10.74%. This puts Suburb as 84 on a list of fastest fasting appreciating suburbs in NSW
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.49% offered to property buyers. Sellers in Gwynneville itself are offering an average vendor discount of -1.83% to real estate investors.
Residents and property investors in Gwynneville have been waiting around 29.1 days to sell a property.
Using the current median advertised rental of $467.5 and the average annual increase in value of a median property of 7.37%, investors should hope to achieve an overall return of 3.23%
Investment property in Gwynneville has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 6.58%
The five-year average increase in median property values for Gwynneville,2500 has given property investors a potential capital gain of 12.50% across each of those five years.
Our latest figures would indicate that property sellers in Gwynneville are currently offering property investors an average price cut of -6.45% below the asking price at the moment.
With the median price for a house in Gwynneville being $405000 and the advertised rent reaching $350 the gross rental yield for property investors calculates out to be 4.49%