Property investors who have had real estate in Metford, 2323 should be relatively unhappy with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -3.19%
While Metford,2323 ranked number 303th in NSW for increase in median house value (annualised) increase, it is ranked 852th over the last 5 years.
Vendor discounting in Metford is giving property investors an average Vendor Discount of around -3.91%. This puts suburb at number 797th in NSW when ranking the most discounted suburbs.
Often selling an investment property can take time, and in Metford the average time real estate has been on the market is 48.4545 days.
Metford, 2323’s gross rental yield is 4.89%
Property value increases in Metford have tracked lower than the NSW average of -0.92% over the last 12 months.
Taking the average capital gain, or increase in median house value, Metford,2323 has racked up an average of -14.05% over the period. This ranks it number 1325th in the whole country for real estate investors looking at median house price increases.
With the median price for a house in Metford being $260000 and the advertised rent reaching $300 the gross rental yield for property investors calculates out to be 6.00%