Giving property investors a an unimpressive capital gain of -8.84% for the last year, Milperra, 2214 is the 3222th highest performer in Australia in this respect.
While Milperra,2214 ranked number 1003th in NSW for increase in median house value (annualised) increase, it is ranked 938th over the last 5 years.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.38% offered to property buyers. Sellers in Milperra itself are offering an average vendor discount of -9.30% to real estate investors.
Often selling an investment property can take time, and in Milperra the average time real estate has been on the market is 77.0263 days.
With the median price for a house in Milperra being $820000 and the advertised rent reaching $580 the gross rental yield for property investors calculates out to be 3.68%