Property value increases in Pendle Hill have tracked just lower than the NSW average of 11.67% over the last 12 months.
If we look at median property appreciation over just the last three months, Pendle Hill has given property investors a paper return of -1.45%. This puts Suburb as 1176 on a list of fastest fasting appreciating suburbs in NSW
Property investors looking for a bargain in Pendle Hill should be aiming for at least -2.92% off the asking price, which is the average vendor discount being achieved at the moment.
Often selling an investment property can take time, and in Pendle Hill the average time real estate has been on the market is 42 days.
Advertised rents are around the $480 mark per week – giving a return of 2.82% based on the median price in Suburb
Pendle Hill has had a pretty good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 10.42% to date .
Pendle Hill,2145 has offered an average of 10.42% return per annum in house price rises to property investors over the last three years.
Property buyers and investors in Pendle Hill 2145 should be seeing an average reduction in asking price of around -4.52% . This means that Pendle Hill is holding prices well when compared to other suburbs in NSW.
Advertised rents are around the $420 mark per week – giving a return of 4.12% based on the median price in Suburb