Giving property investors a a stable capital gain of 14.29% for the last year, Petersham, 2049 is the 1021th highest performer in Australia in this respect.
Comparing Petersham,2049 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Vendor discounting in Petersham is giving property investors an average Vendor Discount of around -6.40%. This puts suburb at number 210th in NSW when ranking the most discounted suburbs.
Using the current median advertised rental of $750 and the average annual increase in value of a median property of 9.77%, investors should hope to achieve an overall return of 2.44%
Investment property in Petersham has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 8.81%
The five-year average increase in median property values for Petersham,2049 has given property investors a potential capital gain of 36.11% across each of those five years.
Sellers are offering property buyers an average discount of -10.34% to buyers in Petersham at the moment, which is less than average for the rest of NSW.
In the last year 72 properties changed hands in Petersham, which puts it as the 212th most active market in NSW when comparing the number of sales per suburb.
Situated 5.56km from the CBD, Petersham is one of Marrickville localities in the postcode 2049.