NSW has seen average median house prices change by 11.67% which means that Merrylands West, 2160 has done well for property investors by showing a capital gain of 9.94% over the last year
If we look at median property appreciation over just the last three months, Merrylands West has given property investors a paper return of 0.29%. This puts Suburb as 995 on a list of fastest fasting appreciating suburbs in NSW
The most recent median price for Merrylands West is $852500, with sellers offering an average of -6.27% off the asking price.
Using the current median advertised rental of $570 and the average annual increase in value of a median property of 9.23%, investors should hope to achieve an overall return of 3.48%
Giving property investors a a stable capital gain of 8.94% for the last year, Merrylands West, 2160 is the 558th highest performer in Australia in this respect.
Comparing Merrylands West,2160 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Vendor discounting in Merrylands West is giving property investors an average Vendor Discount of around -5.69%. This puts suburb at number 39th in NSW when ranking the most discounted suburbs.
The NSW suburb of Merrylands West, 2160 is in the Holroyd local government area.