Property value increases in Colyton have tracked just lower than the NSW average of 0.15% over the last 12 months.
Colyton,2760 has offered an average of -4.41% return per annum in house price rises to property investors over the last three years.
The most recent median price for Colyton is $580000, with sellers offering an average of -7.40% off the asking price.
Situated 39.30km from the CBD, Colyton is one of Penrith (C) localities in the postcode 2760.
In the last year 15 properties changed hands in Colyton, which puts it as the 470th most active market in NSW when comparing the number of sales per suburb.
Colyton, 2760’s gross rental yield is 3.53%
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Popular rental gem near Penrith
Median house price: $632,500
Vacancy rate: 2.0%
Three-year growth: 24.0%
A residential suburb of Sydney situated just near Penrith and around 43km to the centre of the city, Colyton offers a wide range of price-points and property types for investors looking to secure a piece of Sydney’s real estate market.
It is situated around five minutes’ drive from St Marys and Mt Druitt train stations, and has its own school, Colyton Primary School, for family tenants. For those landlords with a budget around the half-million dollar mark, Colyton could deliver the goods, offering three-bedroom duplexes and townhouses that are in high demand with renters. If you’re seeking high depreciation returns, a little over $600,000 in this suburb buys a brand new, modern, three-bedroom duplex. Regardless of your property choice, you’re likely to enjoy low vacancy rates in this popular rental suburb.