Property investors who have had real estate in Islington, 2296 should be pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 32.84%
Taking the average capital gain, or increase in median house value, Islington,2296 has racked up an average of 32.84% over the period. This ranks it number 95th in the whole country for real estate investors looking at median house price increases.
State is the most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.24% offered to property buyers. Sellers in Islington itself are offering an average vendor discount of -2.80% to real estate investors.
Often selling an investment property can take time, and in Islington the average time real estate has been on the market is 24.57 days.
At number 50th in the list of Australian suburbs ordered by increase in median house value over the last year, Islington, 2296 is in the top 10% with a property value increase of 30.85% recorded in median house prices.
Situated 110.64km from the CBD, Islington is one of Newcastle localities in the postcode 2296.