Property value increases in Liverpool have tracked just lower than the NSW average of -3.70% over the last 12 months.
Liverpool,2170 has offered an average of -9.24% return per annum in house price rises to property investors over the last three years.
Our latest figures would indicate that property sellers in Liverpool are currently offering property investors an average price cut of -10.00% below the asking price at the moment.
On average over the past year, suburb has had 5.58 sales per month, which equates to 67 per year.
A $460 per week rent on the median house gives suburb investors a gross yield of circa 3.34%, without taking into account capital value appreciation, which has been averaging out at 8.06%.
Over the last year, property investments in Liverpool, 2170 have given investors a capital gain of -11.12%. This compares very badly with the -3.53% for NSW as a whole.
Over the longer term, Liverpool has seen property prices show investors a -7.02% return over the last 3 years. This is worse than over the last 12 months
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 Liverpool, 2170. Typically our figures indicate that -9.18% is being offered, which puts this NSW suburb at 104th most discounted overall in Australia.
On average over the past year, suburb has had 20.67 sales per month, which equates to 248 per year.
Property investors should expect to get $380 weekly from the median priced house in this suburb.
Information supplied by:
Apartment stock soars
Median unit price: $448,250
Stock on market: 48.2%
12-month growth: 4.2%
Founded in 1810, the suburb of Liverpool is one of the oldest settlements in the country. At present, it is regarded as an outer-ring suburb of Sydney.
With its significant presence as southwestern Sydney’s major city centre, property stock has shot up by nearly 50% in the past year leading up to July 2017. The boost has mainly come from the apartment market, with supply increasing by nearly 100 units as part of the city has been rezoned for high-density apartments. Prices are still below the $450,000 mark despite values lifting by 4.2%, suggesting that affordability could draw priced-out locals to this market.
The suburb’s commercial area is concentrated on Macquarie Street, which is home to cafes and Westfield Liverpool shopping centre. The city is also the site of the Sydney Southwest Private Hospital.