Investment property in Punchbowl has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -3.49%
A 21.08% growth in median value for property investors in Punchbowl,2196 puts this suburb at number 757th in terms of best performing suburbs in NSW
LACK OF BUYER INTEREST may well be the reason that Punchbowl is offering property investors an average of -6.70. This rate of discount on properties puts Suburb at number 444th in terms of most discounted suburbs in NSW
Punchbowl, 2196 ranked 428th in NSW when comparing growth in median property values or capital gain over the last 12 months. Punchbowl is one of 3163 in our list for NSW
Punchbowl,2196 was ranked 864 in Australia by increase in median property value over the quarter.
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 Punchbowl, 2196. Typically our figures indicate that -5.97% is being offered, which puts this NSW suburb at 536th most discounted overall in Australia.
Residents and property investors in Punchbowl have been waiting around 75.1042 days to sell a property.
With the median price for a house in Punchbowl being $440000 and the advertised rent reaching $380 the gross rental yield for property investors calculates out to be 4.49%