Property investors enjoyed capital gains of 11.63% over the last 12 months in CHIFLEY, translating to lower returns compared with its peers in NSW.
The suburb posted a 41.18% growth in median prices over a three-year period. This is considerably higher than the gains it recorded over the past year.
This number can mean, real estate investors could earn a rental income of $850 based on current median home prices for the suburb.
On average, rents on listings have reached the $850 mark, reflecting a 2.46% increase in returns based on the current median price in CHIFLEY.
CHIFLEY, 2036 ranks 647th in NSW in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 994th on the list of best yielding suburbs for rental properties in NSW, posting a 2.46% return.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||11.63%||N/A|
|Median 3 years||41.18%||N/A|
|Median 5 years||92.51%||N/A|
|10 years average annual||9.89%||N/A|
|Weekly media advert. rent||$850||N/A|
|Time on Market||0.0 days||N/A|
|Gross Rental Yield Percent||2.46%||N/A|