Mount Druitt is in the bottom 20% in NSW when comparing median price capital growth over the last year. Mount Druitt gave property investors a dismal capital gain figure when compared to the rest of the state, with -1.90%.
Over the longer term, Mount Druitt has seen property prices show investors a 46.59% return over the last 3 years. This is worse than over the last 12 months
Property investors looking for a bargain in Mount Druitt should be aiming for at least -5.58% off the asking price, which is the average vendor discount being achieved at the moment.
Property investors should expect to get $415 weekly from the median priced house in this suburb.
At number 664th in the list of Australian suburbs ordered by increase in median house value over the last year, Mount Druitt, 2770 is in the top 40% with a property value increase of 5.13% recorded in median house prices.
Mount Druitt,2770 was ranked 953 in Australia by increase in median property value over the quarter.
Sellers are offering property buyers an average discount of -4.49% to buyers in Mount Druitt at the moment, which is less than average for the rest of NSW.
On average over the past year, suburb has had 16.25 sales per month, which equates to 195 per year.
Advertised rents are around the $350 mark per week – giving a return of 4.44% based on the median price in Suburb