Property investors who have had real estate in Kellyville Ridge, 2155 should be relatively unhappy with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -5.10%
If we look at median property appreciation over just the last three months, Kellyville Ridge has given property investors a paper return of 0.00%. This puts Suburb as 700 on a list of fastest fasting appreciating suburbs in NSW
The most recent median price for Kellyville Ridge is $930000, with sellers offering an average of -5.65% off the asking price.
On average over the past year, suburb has had 8.50 sales per month, which equates to 102 per year.
A $630 per week rent on the median house gives suburb investors a gross yield of circa 3.52%, without taking into account capital value appreciation, which has been averaging out at 6.48%.
Kellyville Ridge has had a very poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of -11.67% to date .
Over the longer term, Kellyville Ridge has seen property prices show investors a -12.69% return over the last 3 years. This is an improvement over the last 12 months
At number 240th of NSW’s most discounted properties, Kellyville Ridge is in the TOP 30% of the state/territory when listing in order of most discounted to least.