At number 3017th in the list of Australian suburbs ordered by increase in median house value over the last year, Mount Druitt, 2770 is in the BOTTOM 30% with a property value increase of -0.96% recorded in median house prices.
The five-year average increase in median property values for Mount Druitt,2770 has given property investors a potential capital gain of 69.93% across each of those five years.
Property buyers and investors in Mount Druitt 2770 should be seeing an average reduction in asking price of around -5.69% . This means that Mount Druitt is holding prices well when compared to other suburbs in NSW.
Situated 37.54km from the CBD, Mount Druitt is one of Blacktown localities in the postcode 2770.
Over the last year, property investments in Mount Druitt, 2770 have given investors a capital gain of 4.38%. This compares averagely with the 5.73% 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 4.38% over the period. This ranks it number 145th in the whole country for real estate investors looking at median house price increases.
Our latest figures would indicate that property sellers in Mount Druitt are currently offering property investors an average price cut of -4.23% below the asking price at the moment.