Property investors who have had real estate in Crestwood, 2620 should be relatively unhappy 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 1.08%
Over the longer term, Crestwood has seen property prices show investors a 2.17% return over the last 3 years. This is worse than over the last 12 months
Crestwood2620 is located in NSW which offers an average discount of -5.22% to property investors. Crestwood itself is showing figures that indicate -2.82% is the average achievable by property buyers investing in the suburb.
The NSW suburb of Crestwood, 2620 is in the Queanbeyan local government area.
NSW has seen average median house prices change by 8.63% which means that Crestwood, 2620 has done well for property investors by showing a capital gain of -13.42% over the last year
When looking at the potential capital gains offered to property investors over the last 3 years, Crestwood comes in at number 544th in NSW.
LACK OF BUYER INTEREST may well be the reason that Crestwood is offering property investors an average of -4.13. This rate of discount on properties puts Suburb at number 127th in terms of most discounted suburbs in NSW
Using the current median advertised rental of $260 and the average annual increase in value of a median property of 3.11%, investors should hope to achieve an overall return of 5.74%