Investment property in Greenacre has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 10.72%
If we look at median property appreciation over just the last three months, Greenacre has given property investors a paper return of 2.15%. This puts Suburb as 671 on a list of fastest fasting appreciating suburbs in NSW
Property investors looking for a bargain in Greenacre should be aiming for at least -7.18% off the asking price, which is the average vendor discount being achieved at the moment.
Greenacre, 2190’s gross rental yield is 3.07%
NSW has seen average median house prices change by 8.39% which means that Greenacre, 2190 has done well for property investors by showing a capital gain of 6.70% over the last year
Taking the average capital gain, or increase in median house value, Greenacre,2190 has racked up an average of 6.70% over the period. This ranks it number 198th in the whole country for real estate investors looking at median house price increases.
Greenacre2190 is located in NSW which offers an average discount of -4.11% to property investors. Greenacre itself is showing figures that indicate -4.70% is the average achievable by property buyers investing in the suburb.
Advertised rents are around the $470 mark per week – giving a return of 3.75% based on the median price in Suburb