Property value increases in Greenacre have tracked close to the NSW average of 8.12% over the last 12 months.
The five-year average increase in median property values for Greenacre,2190 has given property investors a potential capital gain of 72.60% across each of those five years.
At number 257th of NSW’s most discounted properties, Greenacre is in the bottom 30% of the state/territory when listing in order of most discounted to least.
Residents and property investors in Greenacre have been waiting around 104.45 days to sell a property.
With the median price for a house in Greenacre being $970000 and the advertised rent reaching $580 the gross rental yield for property investors calculates out to be 3.11%
With a capital gain of 1.75% for the last 12 months, Greenacre, 2190 has performed for property investments than its average annual 8.69% property growth over the last 5 years.
The five-year average increase in median property values for Greenacre,2190 has given property investors a potential capital gain of 69.54% across each of those five years.
Our latest figures would indicate that property sellers in Greenacre are currently offering property investors an average price cut of -6.13% below the asking price at the moment.
At number 814 in a list of fastest selling suburbs, Greenacre is just in the bottom half of suburbs in Australia with an average of days on market 74.67 for properties listed there.
Advertised rents are around the $480 mark per week – giving a return of 3.90% based on the median price in Suburb