Investment property in Avondale has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -6.45%
While Avondale,2530 ranked number 607th in NSW for increase in median house value (annualised) increase, it is ranked 898th over the last 5 years.
Often selling an investment property can take time, and in Avondale the average time real estate has been on the market is 91.6 days.
Advertised rents are around the $455 mark per week – giving a return of 4.08% based on the median price in Suburb
If you compare the increase in value of investment property in Avondale, 2530 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this NSW suburb was -14.71%.
When looking at the potential capital gains offered to property investors over the last 3 years, Avondale comes in at number 192th in NSW.