Property investors who have had real estate in Marrickville, 2204 should be relatively unhappy with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 7.31%
The five-year average increase in median property values for Marrickville,2204 has given property investors a potential capital gain of 25.48% across each of those five years.
At number 118th of NSW’s most discounted properties, Marrickville is in the bottom 20% of the state/territory when listing in order of most discounted to least.
A $720 per week rent on the median house gives suburb investors a gross yield of circa 2.41%, without taking into account capital value appreciation, which has been averaging out at 7.87%.
Investment property in Marrickville has done 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 -5.52%
The five-year average increase in median property values for Marrickville,2204 has given property investors a potential capital gain of 20.31% across each of those five years.
Sellers are offering property buyers an average discount of -2.53% to buyers in Marrickville at the moment, which is less than average for the rest of NSW.
Property investors should expect to get $445 weekly from the median priced house in this suburb.