Property value increases in Jamisontown have tracked just higher than the NSW average of 7.93% over the last 12 months.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Jamisontown has increased when compared to the 5 year average annual rate.
At number 518th of NSW’s most discounted properties, Jamisontown is in the middle of the state/territory when listing in order of most discounted to least.
With the median price for a house in Jamisontown being $630000 and the advertised rent reaching $450 the gross rental yield for property investors calculates out to be 3.71%
Over the last year, property investments in Jamisontown, 2750 have given investors a capital gain of 8.55%. This compares averagely with the 6.92% for NSW as a whole.
Over the longer term, Jamisontown has seen property prices show investors a 52.07% return over the last 3 years. This is worse than over the last 12 months
Property investors looking for a bargain in Jamisontown should be aiming for at least -5.08% off the asking price, which is the average vendor discount being achieved at the moment.
Situated 49.74km from the CBD, Jamisontown is one of Penrith localities in the postcode 2750.