On average over the past year, suburb has had 1.00 sales per month, which equates to 12 per year.
If you compare the increase in value of investment property in Magenta, 2261 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 15.00%.
Across a shorter period, Magenta, 2261 has seen a median price increase of 1.32% over the last quarter.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Magenta, 2261. Typically our figures indicate that -7.66% is being offered, which puts this NSW suburb at 190th most discounted overall in Australia.
At number 1290 in a list of fastest selling suburbs, Magenta is in the bottom 20% of suburbs in Australia with an average of days on market 116 for properties listed there.