If you compare the increase in value of investment property in Crestwood, 2620 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 20.32%.
Taking the average capital gain, or increase in median house value, Crestwood,2620 has racked up an average of 20.32% over the period. This ranks it number 1121th in the whole country for real estate investors looking at median house price increases.
State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.18% offered to property buyers. Sellers in Crestwood itself are offering an average vendor discount of -3.94% to real estate investors.
Crestwood has had a quite poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of -2.61% to date .
The five-year average increase in median property values for Crestwood,2620 has given property investors a potential capital gain of -14.91% across each of those five years.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Crestwood, 2620. Typically our figures indicate that -5.42% is being offered, which puts this NSW suburb at 701th most discounted overall in Australia.
With the median price for a house in Crestwood being $242500 and the advertised rent reaching $275 the gross rental yield for property investors calculates out to be 5.90%