Over the last year, property investments in Rydalmere, 2116 have given investors a capital gain of -4.35%. This compares badly with the 0.15% for NSW as a whole.
Taking the average capital gain, or increase in median house value, Rydalmere,2116 has racked up an average of -4.35% over the period. This ranks it number 2198th in the whole country for real estate investors looking at median house price increases.
Vendor discounting in Rydalmere is giving property investors an average Vendor Discount of around -9.58%. This puts suburb at number 51th in NSW when ranking the most discounted suburbs.
A $520 per week rent on the median house gives suburb investors a gross yield of circa 2.46%, without taking into account capital value appreciation, which has been averaging out at 8.43%.
NSW has seen average median house prices change by -0.92% which means that Rydalmere, 2116 has not done well for property investors by showing a capital gain of -2.99% over the last year
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Rydalmere has increased when compared to the 5 year average annual rate.
Rydalmere2116 is located in NSW which offers an average discount of -6.01% to property investors. Rydalmere itself is showing figures that indicate -7.49% is the average achievable by property buyers investing in the suburb.
At number 1090 in a list of fastest selling suburbs, Rydalmere is in the bottom 20% of suburbs in Australia with an average of days on market 100.107 for properties listed there.
With the median price for a house in Rydalmere being $650000 and the advertised rent reaching $480 the gross rental yield for property investors calculates out to be 3.84%