Property investors who have had real estate in Cobbitty, 2570 should be ok 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 5.78%
Taking the average capital gain, or increase in median house value, Cobbitty,2570 has racked up an average of 5.78% over the period. This ranks it number 3692th in the whole country for real estate investors looking at median house price increases.
Property buyers and investors in Cobbitty 2570 should be seeing an average reduction in asking price of around -4.27% . This means that Cobbitty is holding prices well when compared to other suburbs in NSW.
A $550 per week rent on the median house gives suburb investors a gross yield of circa 3.81%, without taking into account capital value appreciation, which has been averaging out at 2.91%.