Investment property in Londonderry has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 29.73%
If we look at median property appreciation over just the last three months, Londonderry has given property investors a paper return of -3.38%. This puts Suburb as 1234 on a list of fastest fasting appreciating suburbs in NSW
The most recent median price for Londonderry is $1200000, with sellers offering an average of -7.41% off the asking price.
With the median price for a house in Londonderry being $1200000 and the advertised rent reaching $475 the gross rental yield for property investors calculates out to be 2.06%