Giving property investors a an average capital gain of 7.29% for the last year, Northmead, 2152 is the 1779th highest performer in Australia in this respect.
While Northmead,2152 ranked number 1012th in NSW for increase in median house value (annualised) increase, it is ranked 197th over the last 5 years.
Vendor discounting in Northmead is giving property investors an average Vendor Discount of around -6.04%. This puts suburb at number 381th in NSW when ranking the most discounted suburbs.
With the median price for a house in Northmead being $1105044 and the advertised rent reaching $522.5 the gross rental yield for property investors calculates out to be 2.46%
Over the last year, property investments in Northmead, 2152 have given investors a capital gain of 3.11%. This compares badly with the 5.36% for NSW as a whole.
The five-year average increase in median property values for Northmead,2152 has given property investors a potential capital gain of 51.57% across each of those five years.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Northmead, 2152. Typically our figures indicate that -4.02% is being offered, which puts this NSW suburb at 1048th most discounted overall in Australia.
In the last year 116 properties changed hands in Northmead, which puts it as the 127th most active market in NSW when comparing the number of sales per suburb.
Northmead is 343th on a list of best yielding suburbs for rents in NSW with a 3.80% return