Over the last year, property investments in South Penrith, 2750 have given investors a capital gain of 4.42%. This compares badly with the 7.28% for NSW as a whole.
If we look at median property appreciation over just the last three months, South Penrith has given property investors a paper return of 1.87%. This puts Suburb as 735 on a list of fastest fasting appreciating suburbs in NSW
The most recent median price for South Penrith is $626500, with sellers offering an average of -4.56% off the asking price.
Property value increases in South Penrith have tracked close to the NSW average of 5.73% over the last 12 months.
Across a shorter period, South Penrith, 2750 has seen a median price increase of 3.13% over the last quarter.
Property buyers and investors in South Penrith 2750 should be seeing an average reduction in asking price of around -3.98% . This means that South Penrith is holding prices well when compared to other suburbs in NSW.
Often selling an investment property can take time, and in South Penrith the average time real estate has been on the market is 15.81 days.
Advertised rents are around the $390 mark per week – giving a return of 3.97% based on the median price in Suburb