Giving property investors a an average capital gain of 0.48% for the last year, Merrylands, 2160 is the 1987th highest performer in Australia in this respect.
Merrylands,2160 has offered an average of 0.48% return per annum in house price rises to property investors over the last three 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 Merrylands, 2160. Typically our figures indicate that -6.20% is being offered, which puts this NSW suburb at 1621th most discounted overall in Australia.
If you compare the increase in value of investment property in Merrylands, 2160 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this NSW suburb was -2.76%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Merrylands has increased when compared to the 5 year average annual rate.
At number 94th of NSW’s most discounted properties, Merrylands is in the bottom 30% of the state/territory when listing in order of most discounted to least.
Often selling an investment property can take time, and in Merrylands the average time real estate has been on the market is 65.9176 days.
Advertised rents are around the $410 mark per week – giving a return of 4.30% based on the median price in Suburb