Property investors who have had real estate in Erskine Park, 2759 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 decrease in value by -5.61%
Taking the average capital gain, or increase in median house value, Erskine Park,2759 has racked up an average of -5.61% over the period. This ranks it number 2323th in the whole country for real estate investors looking at median house price increases.
At number 448th of NSW’s most discounted properties, Erskine Park is in the middle of the state/territory when listing in order of most discounted to least.
Often selling an investment property can take time, and in Erskine Park the average time real estate has been on the market is 71.3906 days.
Using the current median advertised rental of $455 and the average annual increase in value of a median property of 6.75%, investors should hope to achieve an overall return of 3.31%