Over the last year, property investments in Parramatta Park, 4870 have given investors a capital gain of 8.12%. This compares favourably with the 2.41% for QLD as a whole.
Parramatta Park,4870 has offered an average of 8.12% return per annum in house price rises to property investors over the last three years.
The most recent median price for Parramatta Park is $472500, with sellers offering an average of -4.63% off the asking price.
At number 791 in a list of fastest selling suburbs, Parramatta Park is in the TOP 30% of suburbs in Australia with an average of days on market 54.14 for properties listed there.
Using the current median advertised rental of $380 and the average annual increase in value of a median property of 3.42%, investors should hope to achieve an overall return of 4.18%
With a capital gain of -3.51% for the last 12 months, Parramatta Park, 4870 has performed for property investments than its average annual -1.62% property growth over the last 5 years.
The five-year average increase in median property values for Parramatta Park,4870 has given property investors a potential capital gain of 20.54% across each of those five years.
The most recent median price for Parramatta Park is $243500, with sellers offering an average of -7.75% off the asking price.
With the median price for a house in Parramatta Park being $243500 and the advertised rent reaching $322.5 the gross rental yield for property investors calculates out to be 6.89%