Padstow, 2211 ranked 1297th in NSW when comparing growth in median property values or capital gain over the last 12 months. Padstow is one of 3163 in our list for NSW
Across a shorter period, Padstow, 2211 has seen a median price increase of -1.93% over the last quarter.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Padstow, 2211. Typically our figures indicate that -7.93% is being offered, which puts this NSW suburb at 1355th most discounted overall in Australia.
Padstow, 2211’s gross rental yield is 3.04%
With a capital gain of -16.27% for the last 12 months, Padstow, 2211 has performed for property investments than its average annual 6.54% property growth over the last 5 years.
If we look at median property appreciation over just the last three months, Padstow has given property investors a paper return of -1.36%. This puts Suburb as 407 on a list of fastest fasting appreciating suburbs in NSW
Sellers are offering property buyers an average discount of -9.21% to buyers in Padstow at the moment, which is less than average for the rest of NSW.
With the median price for a house in Padstow being $651000 and the advertised rent reaching $480 the gross rental yield for property investors calculates out to be 3.83%
Bounded by Salt Pan Creek and the M5 motorway, the suburb of Padstow is a highly accessible suburb just 22km from the Sydney CBDFull summary
Information supplied by:
Accessibility draws unit buyers
Median unit price: $777,500
Three-year growth: 46.7%
Rental yield: 3.3%
Bounded by Salt Pan Creek and the M5 motorway, the suburb of Padstow is a highly accessible suburb just 22km from the Sydney CBD.
The unit market here has seen significant growth over the past five years, with an average annual growth rate of 7.8% leading up to November 2017. Apartments spent an average of just 53 days on the market, indicating considerable demand from buyers.
Padstow has many amenities, including several public schools, a private primary school and a special needs school. A shopping centre is located near the local railway station and several shops scattered throughout the suburb. Padstow station is a stop along the Sydney Trains Airport, Inner West and South Line. There are also several buses linking to Bankstown, Milperra and Parramatta.Close