Allawah has had a pretty good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 11.45% to date .
Over the longer term, Allawah has seen property prices show investors a 12.93% return over the last 3 years. This is worse than over the last 12 months
Advertised rents are around the $585 mark per week – giving a return of 2.38% based on the median price in Suburb
At number 801th in the list of Australian suburbs ordered by increase in median house value over the last year, Allawah, 2218 is in the top half with a property value increase of 3.31% recorded in median house prices.
Comparing Allawah,2218 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Property buyers and investors in Allawah 2218 should be seeing an average reduction in asking price of around -4.69% . This means that Allawah is holding prices well when compared to other suburbs in NSW.
A $495 per week rent on the median house gives suburb investors a gross yield of circa 3.75%, without taking into account capital value appreciation, which has been averaging out at 6.93%.