Property investors who have had real estate in Narellan Vale, 2567 should be pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 13.20%
Narellan Vale,2567 was ranked 898 in Australia by increase in median property value over the quarter.
Property investors looking for a bargain in Narellan Vale should be aiming for at least -3.57% off the asking price, which is the average vendor discount being achieved at the moment.
Often selling an investment property can take time, and in Narellan Vale the average time real estate has been on the market is 24.4 days.
A $475 per week rent on the median house gives suburb investors a gross yield of circa 3.84%, without taking into account capital value appreciation, which has been averaging out at 5.76%.