Sydney Olympic Park has had a quite poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of -11.00% to date .
Comparing Sydney Olympic Park,2127 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Situated 12.67km from the CBD, Sydney Olympic Park is one of Parramatta (C) localities in the postcode 2127.
Information supplied by:
Sydney Olympic Park, NSW – Unit supply falls
Median unit price: $764,000
Stock on market: -26.7%
12-month growth: -3.7%
Sydney Olympic Park was initially developed for the Sydney Olympic Games held in 2000, but it has become an official suburb within the Greater Sydney region. In the two decades since the end of the Games, the suburb has become a bustling commercial hub.
Sydney Olympic Park is 15km from the CBD, and retains many of the sports and entertainment facilities constructed for the Games, making it a destination for major events including music festivals, the Sydney 500 and the Sydney Royal Easter Show. There is also a wealth of parklands in this area; following a period of redevelopment, Blaxland Riverside Park is now an urban park while playground facilities were added to Wentworth Common.