Over the last year, property investments in Allawah, 2218 have given investors a capital gain of 5.00%. This compares favourably with the 0.15% for NSW as a whole.
When looking at the potential capital gains offered to property investors over the last 3 years, Allawah comes in at number 728th in NSW.
Allawah, 2218 ranked 191th in NSW when comparing growth in median property values or capital gain over the last 12 months. Allawah is one of 3163 in our list for NSW
If we look at median property appreciation over just the last three months, Allawah has given property investors a paper return of 2.49%. This puts Suburb as 150 on a list of fastest fasting appreciating suburbs in NSW
Our latest figures would indicate that property sellers in Allawah are currently offering property investors an average price cut of -5.47% below the asking price at the moment.
Residents and property investors in Allawah have been waiting around 60.8095 days to sell a property.
Renters in Suburb are facing rents around $24440 per annum or $470 every week.
Information supplied by:
Allawah, NSW – Prices fall in south Sydney suburb
Median unit price: $634,500
Three-year growth: -5.2%
Rental yield: 3.9%
Roughly 30 minutes’ drive south of the Sydney CBD is Allawah, a small, landlocked suburb that is highly accessible, thanks to its public transport options. Its name is an Aboriginal term that aptly means, “make your abode here”. However, this abode has seen some decline, with price falling by 5.2% in the three years to June 2019.
The local railway station is a stop along the Illawarra line of the Sydney Trains network, and the suburb’s main shopping hub is located beside the station on Railway Parade. This hub has a grocery store, takeaways and a hotel. St Raphaels Catholic Church is one of Allawah’s main features, as is the Southern Sydney Synagogue.