A 24.22% increase in median property prices in DENISTONE EAST, 2112 has allowed this suburb to join the ranks of best performing suburbs in NSW, settling at number 70th.
A steady increase in median property prices over a five-year period in the suburb translates to a 49.21% capital gain.
It also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $1,895,000
The augmented property values in the suburb are trailing above the territorial average of 6.63% in 2016.
On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $695.
Home owners selling their properties and realtors in DENISTONE EAST usually have to wait an average of 0.0 days days before their assets are lifted off the market.
The NSW suburb ranks 1158th on the list of best yielding suburbs for rental properties in NSW, posting a 1.91% return.
A survey of average capital gains or median home price increase in suburbs across the country shows that DENISTONE EAST, 2112 obtained a -5.37% decrease over a ten-year period. It ranks 1620th on our list of suburbs that property investors should look into.
DENISTONE EAST, 2112 in NSW belongs to the local government area of Ryde.