At number 880th in the list of Australian suburbs ordered by increase in median house value over the last year, Mount Druitt, 2770 is in the top 30% with a property value increase of 12.61% recorded in median house prices.
Across a shorter period, Mount Druitt, 2770 has seen a median price increase of -1.15% over the last quarter.
Sellers are offering property buyers an average discount of -5.99% to buyers in Mount Druitt at the moment, which is less than average for the rest of NSW.
Using the current median advertised rental of $402.5 and the average annual increase in value of a median property of 7.71%, investors should hope to achieve an overall return of 3.23%
NSW has seen average median house prices change by 8.14% which means that Mount Druitt, 2770 has done well for property investors by showing a capital gain of 4.85% over the last year
If we look at median property appreciation over just the last three months, Mount Druitt has given property investors a paper return of -0.26%. This puts Suburb as 319 on a list of fastest fasting appreciating suburbs in NSW
The most recent median price for Mount Druitt is $389000, with sellers offering an average of -4.14% off the asking price.