NSW has seen average median house prices change by 10.13% which means that Jamisontown, 2750 has done well for property investors by showing a capital gain of 5.40% over the last year
The five-year average increase in median property values for Jamisontown,2750 has given property investors a potential capital gain of 70.26% across each of those five years.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.28% offered to property buyers. Sellers in Jamisontown itself are offering an average vendor discount of -3.30% to real estate investors.
Using the current median advertised rental of $450 and the average annual increase in value of a median property of 7.76%, investors should hope to achieve an overall return of 3.52%
At number 844th in the list of Australian suburbs ordered by increase in median house value over the last year, Jamisontown, 2750 is in the top half with a property value increase of 3.71% recorded in median house prices.
Over the longer term, Jamisontown has seen property prices show investors a 38.84% return over the last 3 years. This is worse than over the last 12 months
LACK OF BUYER INTEREST may well be the reason that Jamisontown is offering property investors an average of -4.16. This rate of discount on properties puts Suburb at number 252th in terms of most discounted suburbs in NSW