If you compare the increase in value of investment property in Parklea, 2768 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 11.11%.
Parklea,2768 has offered an average of 11.11% return per annum in house price rises to property investors over the last three years.
Our latest figures would indicate that property sellers in Parklea are currently offering property investors an average price cut of -3.71% below the asking price at the moment.
Using the current median advertised rental of $600 and the average annual increase in value of a median property of 7.33%, investors should hope to achieve an overall return of 3.47%
Investment property in Parklea has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 5.09%
Property investors should expect to get $500 weekly from the median priced house in this suburb.