If you compare the increase in value of investment property in Metford, 2323 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 10.47%.
Taking the average capital gain, or increase in median house value, Metford,2323 has racked up an average of 10.47% over the period. This ranks it number 2577th in the whole country for real estate investors looking at median house price increases.
Vendor discounting in Metford is giving property investors an average Vendor Discount of around -2.95%. This puts suburb at number 737th in NSW when ranking the most discounted suburbs.
On average over the past year, suburb has had 6.33 sales per month, which equates to 76 per year.
The NSW suburb of Metford, 2323 is in the Maitland local government area.
Giving property investors a a poor capital gain of -5.43% for the last year, Metford, 2323 is the 1410th highest performer in Australia in this respect.
Over the longer term, Metford has seen property prices show investors a -0.86% return over the last 3 years. This is worse than over the last 12 months
Renters in Suburb are facing rents around $3600 per annum or $300 every week.