Investment property in Mount Druitt 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 5.04%
When looking at the potential capital gains offered to property investors over the last 3 years, Mount Druitt comes in at number 93th in NSW.
Mount Druitt, 2770 is offering NSW ‘s 410th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 40% of discounts offered by this NSW.
On average over the past year, suburb has had 9.42 sales per month, which equates to 113 per year.
Using the current median advertised rental of $410 and the average annual increase in value of a median property of 7.35%, investors should hope to achieve an overall return of 3.41%
Over the last year, property investments in Mount Druitt, 2770 have given investors a capital gain of 3.59%. This compares badly with the 6.92% for NSW as a whole.
Taking the average capital gain, or increase in median house value, Mount Druitt,2770 has racked up an average of 3.59% over the period. This ranks it number 65th 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 Mount Druitt, 2770. Typically our figures indicate that -4.03% is being offered, which puts this NSW suburb at 1073th most discounted overall in Australia.
Mount Druitt is 171th on a list of best yielding suburbs for rents in NSW with a 4.67% return