NSW has seen average median house prices change by 10.96% which means that Punchbowl, 2196 has done well for property investors by showing a capital gain of 8.88% over the last year
The five-year average increase in median property values for Punchbowl,2196 has given property investors a potential capital gain of 80.39% across each of those five years.
Sellers are offering property buyers an average discount of -4.73% to buyers in Punchbowl at the moment, which is less than average for the rest of NSW.
With the median price for a house in Punchbowl being $920000 and the advertised rent reaching $560 the gross rental yield for property investors calculates out to be 3.17%
Punchbowl, 2196 ranked 155th 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
If we look at median property appreciation over just the last three months, Punchbowl has given property investors a paper return of 2.50%. This puts Suburb as 166 on a list of fastest fasting appreciating suburbs in NSW
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 -4.72% is being offered, which puts this NSW suburb at 770th most discounted overall in Australia.
Renters in Suburb are facing rents around $4830 per annum or $402.5 every week.