With a capital gain of 14.29% for the last 12 months, Mannering Park, 2259 has performed for property investments than its average annual 7.41% property growth over the last 5 years.
If we look at median property appreciation over just the last three months, Mannering Park has given property investors a paper return of 7.38%. This puts Suburb as 100 on a list of fastest fasting appreciating suburbs in NSW
LACK OF BUYER INTEREST may well be the reason that Mannering Park is offering property investors an average of -5.49. This rate of discount on properties puts Suburb at number 331th in terms of most discounted suburbs in NSW
Often selling an investment property can take time, and in Mannering Park the average time real estate has been on the market is 75.47 days.
Using the current median advertised rental of $387.5 and the average annual increase in value of a median property of 7.41%, investors should hope to achieve an overall return of 4.20%