Investment property in Gwynneville has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 6.21%
Comparing Gwynneville,2500 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Using the current median advertised rental of $555 and the average annual increase in value of a median property of 6.81%, investors should hope to achieve an overall return of 3.75%
NSW has seen average median house prices change by 8.39% which means that Gwynneville, 2500 has done well for property investors by showing a capital gain of 11.68% over the last year
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Gwynneville has increased when compared to the 5 year average annual rate.
In the last year 18 properties changed hands in Gwynneville, which puts it as the 482th most active market in NSW when comparing the number of sales per suburb.
With the median price for a house in Gwynneville being $440000 and the advertised rent reaching $375 the gross rental yield for property investors calculates out to be 4.43%