With a capital gain of -6.09% for the last 12 months, Liverpool, 2170 has performed for property investments than its average annual 7.78% property growth over the last 5 years.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Liverpool has increased when compared to the 5 year average annual rate.
Our latest figures would indicate that property sellers in Liverpool are currently offering property investors an average price cut of -7.22% below the asking price at the moment.
In the last year 89 properties changed hands in Liverpool, which puts it as the 257th most active market in NSW when comparing the number of sales per suburb.
Liverpool, 2170’s gross rental yield is 3.26%
With a capital gain of -9.18% for the last 12 months, Liverpool, 2170 has performed for property investments than its average annual 6.80% property growth over the last 5 years.
While Liverpool,2170 ranked number 348th in NSW for increase in median house value (annualised) increase, it is ranked 254th over the last 5 years.
Liverpool2170 is located in NSW which offers an average discount of -6.57% to property investors. Liverpool itself is showing figures that indicate -8.65% is the average achievable by property buyers investing in the suburb.
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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.