At number 1130th in the list of Australian suburbs ordered by increase in median house value over the last year, Jannali, 2226 is in the top 30% with a property value increase of 13.40% recorded in median house prices.
Over the longer term, Jannali has seen property prices show investors a 41.03% return over the last 3 years. This is worse than over the last 12 months
Often selling an investment property can take time, and in Jannali the average time real estate has been on the market is 28.45 days.
Jannali, 2226’s gross rental yield is 2.98%
If you compare the increase in value of investment property in Jannali, 2226 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this NSW suburb was -11.38%.
Jannali,2226 was ranked 1686 in Australia by increase in median property value over the quarter.
Property investors looking for a bargain in Jannali should be aiming for at least -3.54% off the asking price, which is the average vendor discount being achieved at the moment.
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.Full summary
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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.Close
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.