Giving property investors a a stable capital gain of 11.14% for the last year, Panania, 2213 is the 1474th highest performer in Australia in this respect.
A 71.07% growth in median value for property investors in Panania,2213 puts this suburb at number 643th in terms of best performing suburbs in NSW
State is the most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.24% offered to property buyers. Sellers in Panania itself are offering an average vendor discount of -3.93% to real estate investors.
Advertised rents are around the $591.5 mark per week – giving a return of 3.01% based on the median price in Suburb
Investment property in Panania has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 17.80%
Comparing Panania,2213 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
A $500 per week rent on the median house gives suburb investors a gross yield of circa 3.52%, without taking into account capital value appreciation, which has been averaging out at 9.47%.