Primbee is in the bottom 10% in NSW when comparing median price capital growth over the last year. Primbee gave property investors a dismal capital gain figure when compared to the rest of the state, with -4.11%.
Over the longer term, Primbee has seen property prices show investors a 40.12% return over the last 3 years. This is worse than over the last 12 months
Property investors looking for a bargain in Primbee should be aiming for at least -4.37% off the asking price, which is the average vendor discount being achieved at the moment.
With the median price for a house in Primbee being $630500 and the advertised rent reaching $450 the gross rental yield for property investors calculates out to be 3.71%