NSW has seen average median house prices change by 11.67% which means that Greenwich, 2065 has done well for property investors by showing a capital gain of 9.17% over the last year
When looking at the potential capital gains offered to property investors over the last 3 years, Greenwich comes in at number 745th in NSW.
Using the current median advertised rental of $1050 and the average annual increase in value of a median property of 7.29%, investors should hope to achieve an overall return of 2.13%
Investment property in Greenwich 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 8.91%
Across a shorter period, Greenwich, 2065 has seen a median price increase of 0.00% over the last quarter.
State is the most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.11% offered to property buyers. Sellers in Greenwich itself are offering an average vendor discount of 0.00% to real estate investors.
Situated 5.34km from the CBD, Greenwich is one of Lane Cove localities in the postcode 2065.