Investment property in Marrickville 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 14.50%
When looking at the potential capital gains offered to property investors over the last 3 years, Marrickville comes in at number 143th in NSW.
Property buyers and investors in Marrickville 2204 should be seeing an average reduction in asking price of around -6.62% . This means that Marrickville is holding prices well when compared to other suburbs in NSW.
Property investors should expect to get $740 weekly from the median priced house in this suburb.
If you compare the increase in value of investment property in Marrickville, 2204 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 13.50%.
If we look at median property appreciation over just the last three months, Marrickville has given property investors a paper return of 1.37%. This puts Suburb as 244 on a list of fastest fasting appreciating suburbs in NSW
At number 269th of NSW’s most discounted properties, Marrickville is in the TOP 10% of the state/territory when listing in order of most discounted to least.
Using the current median advertised rental of $500 and the average annual increase in value of a median property of 8.76%, investors should hope to achieve an overall return of 3.51%