If you compare the increase in value of investment property in Mangerton, 2500 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 21.21%.
Mangerton,2500 has offered an average of 21.21% return per annum in house price rises to property investors over the last three years.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.52% offered to property buyers. Sellers in Mangerton itself are offering an average vendor discount of -3.59% to real estate investors.
Situated 68.46km from the CBD, Mangerton is one of Wollongong localities in the postcode 2500.
Giving property investors a a solid capital gain of 46.27% for the last year, Mangerton, 2500 is the 4th highest performer in Australia in this respect.
While Mangerton,2500 ranked number 382th in NSW for increase in median house value (annualised) increase, it is ranked 242th over the last 5 years.
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 Mangerton, 2500. Typically our figures indicate that -3.03% is being offered, which puts this NSW suburb at 1308th most discounted overall in Australia.
Property investors should expect to get $310 weekly from the median priced house in this suburb.