Investment property in Sydenham has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 10.25%
The five-year average increase in median property values for Sydenham,3037 has given property investors a potential capital gain of 51.16% across each of those five years.
Sellers are offering property buyers an average discount of -3.74% to buyers in Sydenham at the moment, which is less than average for the rest of VIC.
A $385 per week rent on the median house gives suburb investors a gross yield of circa 3.24%, without taking into account capital value appreciation, which has been averaging out at 7.17%.
Property investors who have had real estate in Sydenham, 3037 should be pleased with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 19.93%
If we look at median property appreciation over just the last three months, Sydenham has given property investors a paper return of 5.05%. This puts Suburb as 52 on a list of fastest fasting appreciating suburbs in VIC
Property buyers and investors in Sydenham 3037 should be seeing an average reduction in asking price of around -3.28% . This means that Sydenham is holding prices well when compared to other suburbs in VIC.
Residents and property investors in Sydenham have been waiting around 40.53 days to sell a property.
A $350 per week rent on the median house gives suburb investors a gross yield of circa 4.43%, without taking into account capital value appreciation, which has been averaging out at 5.57%.