Giving property investors a a poor capital gain of -11.57% for the last year, Jannali, 2226 is the 3542th highest performer in Australia in this respect.
While Jannali,2226 ranked number 133th in NSW for increase in median house value (annualised) increase, it is ranked 901th over the last 5 years.
The most recent median price for Jannali is $955000, with sellers offering an average of -5.94% off the asking price.
Advertised rents are around the $605 mark per week – giving a return of 3.29% based on the median price in Suburb
NSW has seen average median house prices change by -4.02% which means that Jannali, 2226 has not done well for property investors by showing a capital gain of -8.68% over the last year
Jannali,2226 was ranked 1436 in Australia by increase in median property value over the quarter.
The most recent median price for Jannali is $700000, with sellers offering an average of -4.80% off the asking price.
In the last year 47 properties changed hands in Jannali, which puts it as the 208th most active market in NSW when comparing the number of sales per suburb.
Using the current median advertised rental of $475 and the average annual increase in value of a median property of 7.64%, investors should hope to achieve an overall return of 3.53%
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Jannali, located in the heart of the Sutherland Shire area about 30km south of Sydney, boasts a quaint residential feel combined with easy access to Sydney’s CBD via rail.
It is clearly one of the area’s most accessible suburbs, with its own rail station and direct trains to the city.
The suburb has become massively in demand during the past few years with CoreLogic RP Data figures showing a total of 30% capital growth during the last three years.
Recently, prices have jumped again by 10% amid the buying frenzy in the Sydney market.
Demand is also strong in Jannali’s rental market, as evidenced by a low vacancy rate at just 0.79%.
The Sutherland Shire is constrained geographically as it is surrounded by water and the Royal National Park, a factor sure to benefit Jannali as development in the area is slim and the surrounding suburbs post
higher median values.