At number 2336th in the list of Australian suburbs ordered by increase in median house value over the last year, Minchinbury, 2770 is in the BOTTOM 50% with a property value increase of 3.14% recorded in median house prices.
Taking the average capital gain, or increase in median house value, Minchinbury,2770 has racked up an average of 3.14% over the period. This ranks it number 634th in the whole country for real estate investors looking at median house price increases.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Minchinbury, 2770. Typically our figures indicate that -4.83% is being offered, which puts this NSW suburb at 2705th most discounted overall in Australia.
On average over the past year, suburb has had 5.00 sales per month, which equates to 60 per year.
Minchinbury, 2770’s gross rental yield is 3.65%
The five-year average increase in median property values for Minchinbury,2770 has given property investors a potential capital gain of 49.00% across each of those five years.
Minchinbury2770 is located in NSW which offers an average discount of -4.42% to property investors. Minchinbury itself is showing figures that indicate -9.37% is the average achievable by property buyers investing in the suburb.
Situated 30.12km from the CBD, Minchinbury is one of Blacktown localities in the postcode 2770.