Marrickville has had a pretty average year for property investment returns compared to the rest of NSW, giving investors a capital gain of -5.45% to date .
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Marrickville has increased when compared to the 5 year average annual rate.
LACK OF BUYER INTEREST may well be the reason that Marrickville is offering property investors an average of -7.38. This rate of discount on properties puts Suburb at number 760th in terms of most discounted suburbs in NSW
Renters in Suburb are facing rents around $39000 per annum or $750 every week.
NSW has seen average median house prices change by -4.02% which means that Marrickville, 2204 has not done well for property investors by showing a capital gain of -7.53% over the last year
Over the longer term, Marrickville has seen property prices show investors a 8.19% return over the last 3 years. This is worse than over the last 12 months
Marrickville, 2204 is offering NSW ‘s 221th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 40% of discounts offered by this NSW.
Residents and property investors in Marrickville have been waiting around 73.8986 days to sell a property.