If you compare the increase in value of investment property in Grasmere, 2570 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 16.87%.
If we look at median property appreciation over just the last three months, Grasmere has given property investors a paper return of 10.14%. This puts Suburb as 76 on a list of fastest fasting appreciating suburbs in NSW
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 Grasmere itself are offering an average vendor discount of -2.06% to real estate investors.