Property value increases in Doonside have tracked just higher than the NSW average of 10.13% over the last 12 months.
While Doonside,2767 ranked number 892th in NSW for increase in median house value (annualised) increase, it is ranked 146th over the last 5 years.
Property investors looking for a bargain in Doonside should be aiming for at least -4.82% off the asking price, which is the average vendor discount being achieved at the moment.
Advertised rents are around the $420 mark per week – giving a return of 3.21% based on the median price in Suburb
Doonside has had a pretty average year for property investment returns compared to the rest of NSW, giving investors a capital gain of 5.77% to date .
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Doonside has increased when compared to the 5 year average annual rate.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.16% offered to property buyers. Sellers in Doonside itself are offering an average vendor discount of -2.31% to real estate investors.
In the last year 15 properties changed hands in Doonside, which puts it as the 509th most active market in NSW when comparing the number of sales per suburb.
Situated 33.59km from the CBD, Doonside is one of Blacktown localities in the postcode 2767.