Over the last year, property investments in Ambarvale, 2560 have given investors a capital gain of 2.88%. This compares badly with the 7.47% for NSW as a whole.
While Ambarvale,2560 ranked number 641th in NSW for increase in median house value (annualised) increase, it is ranked 380th over the last 5 years.
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 Ambarvale itself are offering an average vendor discount of -4.02% to real estate investors.
At number 182th in the list of Australian suburbs ordered by increase in median house value over the last year, Ambarvale, 2560 is in the top 20% with a property value increase of 16.72% recorded in median house prices.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Ambarvale has increased when compared to the 5 year average annual rate.
Property buyers and investors in Ambarvale 2560 should be seeing an average reduction in asking price of around -5.07% . This means that Ambarvale is holding prices well when compared to other suburbs in NSW.
Advertised rents are around the $330 mark per week – giving a return of 4.59% based on the median price in Suburb