Townsend is in the TOP 20% in NSW when comparing median price capital growth over the last year. Townsend gave property investors a very good capital gain figure when compared to the rest of the state, with 8.11%.
Townsend,2463 was ranked 110 in Australia by increase in median property value over the quarter.
LACK OF BUYER INTEREST may well be the reason that Townsend is offering property investors an average of -6.46. This rate of discount on properties puts Suburb at number 806th in terms of most discounted suburbs in NSW
Townsend, 2463’s gross rental yield is 4.94%