At number 391th in the list of Australian suburbs ordered by increase in median house value over the last year, Bexley, 2207 is in the top 10% with a property value increase of 14.15% recorded in median house prices.
Bexley,2207 has offered an average of 14.15% return per annum in house price rises to property investors over the last three years.
Property investors looking for a bargain in Bexley should be aiming for at least -5.65% off the asking price, which is the average vendor discount being achieved at the moment.
At number 1870 in a list of fastest selling suburbs, Bexley is just in the bottom half of suburbs in Australia with an average of days on market 76.8421 for properties listed there.
A $620 per week rent on the median house gives suburb investors a gross yield of circa 2.66%, without taking into account capital value appreciation, which has been averaging out at 7.35%.
Bexley has had a quite poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of -4.96% to date .
Across a shorter period, Bexley, 2207 has seen a median price increase of -2.47% over the last quarter.
LACK OF BUYER INTEREST may well be the reason that Bexley is offering property investors an average of -5.74. This rate of discount on properties puts Suburb at number 189th in terms of most discounted suburbs in NSW
Property investors should expect to get $460 weekly from the median priced house in this suburb.