With a capital gain of 12.61% for the last 12 months, Appin, 2560 has performed for property investments than its average annual 6.05% property growth over the last 5 years.
If we look at median property appreciation over just the last three months, Appin has given property investors a paper return of 0.00%. This puts Suburb as 1089 on a list of fastest fasting appreciating suburbs in NSW
Property investors looking for a bargain in Appin should be aiming for at least -5.63% off the asking price, which is the average vendor discount being achieved at the moment.
A $480 per week rent on the median house gives suburb investors a gross yield of circa 3.33%, without taking into account capital value appreciation, which has been averaging out at 6.05%.