If you compare the increase in value of investment property in Pymble, 2073 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 2.55%.
Taking the average capital gain, or increase in median house value, Pymble,2073 has racked up an average of 2.55% over the period. This ranks it number 1781th in the whole country for real estate investors looking at median house price increases.
Property buyers and investors in Pymble 2073 should be seeing an average reduction in asking price of around -5.96% . This means that Pymble is holding prices well when compared to other suburbs in NSW.
Renters in Suburb are facing rents around $58240 per annum or $1120 every week.
Pymble has had a A very good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 4.79% to date .
Pymble,2073 was ranked 269 in Australia by increase in median property value over the quarter.
Sellers are offering property buyers an average discount of -8.23% to buyers in Pymble at the moment, which is less than average for the rest of NSW.
Property investors should expect to get $620 weekly from the median priced house in this suburb.
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Pymble, NSW – House and unit supply soars
Median unit price: $885,000
Stock on market: 18.5%
12-month growth: -1%
A suburb that offers views of the Chatswood skyline via Pymble Hill, the suburb of Pymble is ideal for buyers who are looking for a simple, relaxed suburban lifestyle. Supply has recently risen by 18.5%, which accommodates more residents.
Pymble attracts many elderly residents, and many aged-care homes are being constructed here. It is also attractive to established two-income families, being close to exclusive private schools like Pymble Ladies College. The Pymble train station is well-used and transports many of the suburb’s residents to the CBD for work, and the way it facilitates easy travel to Sydney is one of Pymble’s main draws. More than a station, it also contains a shopping precinct.