Property investors who have had real estate in Plumpton, 2761 should be ok with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 7.08%
Taking the average capital gain, or increase in median house value, Plumpton,2761 has racked up an average of 7.08% over the period. This ranks it number 465th in the whole country for real estate investors looking at median house price increases.
Sellers are offering property buyers an average discount of -4.43% to buyers in Plumpton at the moment, which is less than average for the rest of NSW.
The NSW suburb of Plumpton, 2761 is in the Blacktown local government area.
NSW has seen average median house prices change by 8.14% which means that Plumpton, 2761 has done well for property investors by showing a capital gain of 5.20% over the last year
Plumpton,2761 was ranked 620 in Australia by increase in median property value over the quarter.
LACK OF BUYER INTEREST may well be the reason that Plumpton is offering property investors an average of -4.45. This rate of discount on properties puts Suburb at number 77th in terms of most discounted suburbs in NSW
Using the current median advertised rental of $430 and the average annual increase in value of a median property of 7.93%, investors should hope to achieve an overall return of 4.91%