If you compare the increase in value of investment property in Winmalee, 2777 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 11.49%.
The five-year average increase in median property values for Winmalee,2777 has given property investors a potential capital gain of 56.70% across each of those five years.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.22% offered to property buyers. Sellers in Winmalee itself are offering an average vendor discount of -3.30% to real estate investors.
At number 387 in a list of fastest selling suburbs, Winmalee is in the TOP 20% of suburbs in Australia with an average of days on market 39.89 for properties listed there.
Winmalee, 2777’s gross rental yield is 3.57%