If you compare the increase in value of investment property in Pendle Hill, 2145 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 4.39%.
Pendle Hill,2145 was ranked 525 in Australia by increase in median property value over the quarter.
With the median price for a house in Pendle Hill being $880000 and the advertised rent reaching $485 the gross rental yield for property investors calculates out to be 2.87%
Pendle Hill has had a very poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of -11.95% to date .
A 7.52% growth in median value for property investors in Pendle Hill,2145 puts this suburb at number 178th in terms of best performing suburbs in NSW
Sellers are offering property buyers an average discount of -7.30% to buyers in Pendle Hill at the moment, which is less than average for the rest of NSW.