Property value increases in Prairiewood have tracked higher than the NSW average of 10.96% over the last 12 months.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Prairiewood has increased when compared to the 5 year average annual rate.
Our latest figures would indicate that property sellers in Prairiewood are currently offering property investors an average price cut of -6.20% below the asking price at the moment.
Often selling an investment property can take time, and in Prairiewood the average time real estate has been on the market is 58.2 days.
With the median price for a house in Prairiewood being $920000 and the advertised rent reaching $530 the gross rental yield for property investors calculates out to be 3.00%