Giving property investors a a poor capital gain of -15.22% for the last year, Parramatta, 2150 is the 3829th highest performer in Australia in this respect.
The five-year average increase in median property values for Parramatta,2150 has given property investors a potential capital gain of 28.29% across each of those five years.
With the median price for a house in Parramatta being $1000000 and the advertised rent reaching $525 the gross rental yield for property investors calculates out to be 2.73%
NSW has seen average median house prices change by -3.67% which means that Parramatta, 2150 has not done well for property investors by showing a capital gain of -3.69% over the last year
Taking the average capital gain, or increase in median house value, Parramatta,2150 has racked up an average of -3.69% over the period. This ranks it number 1119th in the whole country for real estate investors looking at median house price increases.
Sellers are offering property buyers an average discount of -7.60% to buyers in Parramatta at the moment, which is less than average for the rest of NSW.
Often selling an investment property can take time, and in Parramatta the average time real estate has been on the market is 84.1593 days.
Property investors should expect to get $490 weekly from the median priced house in this suburb.