Revesby has had a pretty average year for property investment returns compared to the rest of NSW, giving investors a capital gain of -0.52% to date .
If we look at median property appreciation over just the last three months, Revesby has given property investors a paper return of 3.26%. This puts Suburb as 372 on a list of fastest fasting appreciating suburbs in NSW
Sellers are offering property buyers an average discount of -4.63% to buyers in Revesby at the moment, which is less than average for the rest of NSW.
In the last year 156 properties changed hands in Revesby, which puts it as the 96th most active market in NSW when comparing the number of sales per suburb.
Revesby, 2212’s gross rental yield is 3.28%
Investment property in Revesby has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 2.86%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Revesby has increased when compared to the 5 year average annual rate.
Our latest figures would indicate that property sellers in Revesby are currently offering property investors an average price cut of -5.82% below the asking price at the moment.
In the last year 50 properties changed hands in Revesby, which puts it as the 240th most active market in NSW when comparing the number of sales per suburb.