At number 2858th in the list of Australian suburbs ordered by increase in median house value over the last year, Jerrabomberra, 2619 is in the BOTTOM 40% with a property value increase of 0.81% recorded in median house prices.
Over the longer term, Jerrabomberra has seen property prices show investors a 12.90% return over the last 3 years. This is worse than over the last 12 months
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 Jerrabomberra itself are offering an average vendor discount of -3.47% to real estate investors.
Using the current median advertised rental of $600 and the average annual increase in value of a median property of 3.33%, investors should hope to achieve an overall return of 4.46%
Jerrabomberra is in the bottom 30% in NSW when comparing median price capital growth over the last year. Jerrabomberra gave property investors a disappointing capital gain figure when compared to the rest of the state, with 0.41%.
Taking the average capital gain, or increase in median house value, Jerrabomberra,2619 has racked up an average of 0.41% over the period. This ranks it number 750th in the whole country for real estate investors looking at median house price increases.
Jerrabomberra, 2619 is offering NSW ‘s 337th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 30% of discounts offered by this NSW.
In the last year 29 properties changed hands in Jerrabomberra, which puts it as the 376th most active market in NSW when comparing the number of sales per suburb.
A $400 per week rent on the median house gives suburb investors a gross yield of circa 4.80%, without taking into account capital value appreciation, which has been averaging out at 3.83%.