Property investors have seen a 2.44% gain in CHESTER HILL based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains CHESTER HILL, 2162 saw average growth in the long term.
the NSW suburb 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 $840,000
Profits averaged 13.22% per annum over a 3-year period, due to an upward trend in home prices in CHESTER HILL, 2162.
This means, real estate investors could earn a rental income of $500 based on current median home prices for the suburb.
The gross rental yield in CHESTER HILL, 2162 is 3.1%.
An average of 12.92 real estate transactions take place per month in CHESTER HILL which translates to 155 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||6.33%||5.47%|
|Median 3 years||39.65%||44%|
|Median 5 years||82.61%||70.08%|
|10 years average annual||9.2%||8.53%|
|Weekly media advert. rent||$500||$450|
|Time on Market||88.0 days||86.2 days|
|Gross Rental Yield Percent||3.1%||4.33%|