At number 722th in the list of Australian suburbs ordered by increase in median house value over the last year, Marrickville, 2204 is in the top 20% with a property value increase of 9.20% recorded in median house prices.
Across a shorter period, Marrickville, 2204 has seen a median price increase of 3.64% over the last quarter.
At number 483th of NSW’s most discounted properties, Marrickville is in the middle of the state/territory when listing in order of most discounted to least.
Often selling an investment property can take time, and in Marrickville the average time real estate has been on the market is 66.52 days.
Property investors should expect to get $750 weekly from the median priced house in this suburb.
Marrickville, 2204 ranked 39th in NSW when comparing growth in median property values or capital gain over the last 12 months. Marrickville is one of 3163 in our list for NSW
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.
Marrickville2204 is located in NSW which offers an average discount of -5.74% to property investors. Marrickville itself is showing figures that indicate -4.94% is the average achievable by property buyers investing in the suburb.
Residents and property investors in Marrickville have been waiting around 51.8205 days to sell a property.
A $500 per week rent on the median house gives suburb investors a gross yield of circa 3.29%, without taking into account capital value appreciation, which has been averaging out at 7.83%.