Property investors who have had real estate in Plumpton, 2761 should be relatively pleased 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 11.39%
When looking at the potential capital gains offered to property investors over the last 3 years, Plumpton comes in at number 500th in NSW.
Property buyers and investors in Plumpton 2761 should be seeing an average reduction in asking price of around -3.47% . This means that Plumpton is holding prices well when compared to other suburbs in NSW.
With the median price for a house in Plumpton being $670000 and the advertised rent reaching $450 the gross rental yield for property investors calculates out to be 3.49%
NSW has seen average median house prices change by 8.39% which means that Plumpton, 2761 has done well for property investors by showing a capital gain of 11.97% over the last year
Taking the average capital gain, or increase in median house value, Plumpton,2761 has racked up an average of 11.97% over the period. This ranks it number 411th in the whole country for real estate investors looking at median house price increases.
Property investors looking for a bargain in Plumpton should be aiming for at least -6.27% off the asking price, which is the average vendor discount being achieved at the moment.
The NSW suburb of Plumpton, 2761 is in the Blacktown local government area.