Property investors who have had real estate in Crestwood, 2620 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 increase in value by 1.08%
The five-year average increase in median property values for Crestwood,2620 has given property investors a potential capital gain of 2.73% across each of those five years.
State is the most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.24% offered to property buyers. Sellers in Crestwood itself are offering an average vendor discount of -2.61% to real estate investors.
Renters in Suburb are facing rents around $5580 per annum or $465 every week.
With a capital gain of -1.26% for the last 12 months, Crestwood, 2620 has performed for property investments than its average annual 2.56% property growth over the last 5 years.
A -15.40% growth in median value for property investors in Crestwood,2620 puts this suburb at number 510th in terms of best performing suburbs in NSW
Property investors looking for a bargain in Crestwood should be aiming for at least -5.04% off the asking price, which is the average vendor discount being achieved at the moment.
Crestwood, 2620’s gross rental yield is 5.73%