NSW has seen average median house prices change by 10.13% which means that Blayney, 2799 has done well for property investors by showing a capital gain of 7.69% over the last year
Blayney,2799 was ranked 2931 in Australia by increase in median property value over the quarter.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.28% offered to property buyers. Sellers in Blayney itself are offering an average vendor discount of -6.96% to real estate investors.
In the last year 92 properties changed hands in Blayney, which puts it as the 324th most active market in NSW when comparing the number of sales per suburb.
A $280 per week rent on the median house gives suburb investors a gross yield of circa 5.33%, without taking into account capital value appreciation, which has been averaging out at 4.28%.