Colyton has had a quite poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of -7.97% to date .
While Colyton,2760 ranked number 1088th in NSW for increase in median house value (annualised) increase, it is ranked 381th over the last 5 years.
At number 371th of NSW’s most discounted properties, Colyton is in the middle of the state/territory when listing in order of most discounted to least.
Colyton is 670th on a list of best yielding suburbs for rents in NSW with a 3.50% return
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Popular rental gem near Penrith
Median house price: $632,500
Vacancy rate: 2.0%
Three-year growth: 24.0%
A residential suburb of Sydney situated just near Penrith and around 43km to the centre of the city, Colyton offers a wide range of price-points and property types for investors looking to secure a piece of Sydney’s real estate market.
It is situated around five minutes’ drive from St Marys and Mt Druitt train stations, and has its own school, Colyton Primary School, for family tenants. For those landlords with a budget around the half-million dollar mark, Colyton could deliver the goods, offering three-bedroom duplexes and townhouses that are in high demand with renters. If you’re seeking high depreciation returns, a little over $600,000 in this suburb buys a brand new, modern, three-bedroom duplex. Regardless of your property choice, you’re likely to enjoy low vacancy rates in this popular rental suburb.