Dean Park is in the bottom 30% in NSW when comparing median price capital growth over the last year. Dean Park gave property investors a disappointing capital gain figure when compared to the rest of the state, with 2.02%.
Dean Park,2761 was ranked 3312 in Australia by increase in median property value over the quarter.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.55% offered to property buyers. Sellers in Dean Park itself are offering an average vendor discount of -5.48% to real estate investors.
Often selling an investment property can take time, and in Dean Park the average time real estate has been on the market is 39.94 days.
Using the current median advertised rental of $427.5 and the average annual increase in value of a median property of 6.86%, investors should hope to achieve an overall return of 3.83%