Giving property investors a an unimpressive capital gain of -9.27% for the last year, Merrylands, 2160 is the 3265th highest performer in Australia in this respect.
The five-year average increase in median property values for Merrylands,2160 has given property investors a potential capital gain of 25.47% across each of those five years.
Our latest figures would indicate that property sellers in Merrylands are currently offering property investors an average price cut of -8.37% below the asking price at the moment.
A $510 per week rent on the median house gives suburb investors a gross yield of circa 3.30%, without taking into account capital value appreciation, which has been averaging out at 7.85%.
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 -6.80%.
The five-year average increase in median property values for Merrylands,2160 has given property investors a potential capital gain of 19.25% across each of those five years.
Sellers are offering property buyers an average discount of -8.20% to buyers in Merrylands at the moment, which is less than average for the rest of NSW.
The NSW suburb of Merrylands, 2160 is in the Cumberland (A) local government area.