Investment property in Mount Annan has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 6.01%
Mount Annan,2567 was ranked 1285 in Australia by increase in median property value over the quarter.
LACK OF BUYER INTEREST may well be the reason that Mount Annan is offering property investors an average of -5.45. This rate of discount on properties puts Suburb at number 842th in terms of most discounted suburbs in NSW
Over the last year, property investments in Mount Annan, 2567 have given investors a capital gain of -8.51%. This compares very badly with the 6.22% for NSW as a whole.
On average over the past year, suburb has had 1.17 sales per month, which equates to 14 per year.
A $430 per week rent on the median house gives suburb investors a gross yield of circa 5.20%, without taking into account capital value appreciation, which has been averaging out at 14.76%.