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Property investors have seen a -4.4% drop in CHESTER HILL based on a decrease 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 $760,000
Profits averaged -1.59% per annum over a 3-year period, due to an downward 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 3.42%.
An average of 7.75 real estate transactions take place per month in CHESTER HILL which translates to 93 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-10.59%||-23.28%|
|Median 3 years||-4.76%||-12.96%|
|Median 5 years||26.46%||17.11%|
|10 years average annual||7.59%||5.9%|
|Weekly media advert. rent||$500||$430|
|Time on Market||99.8 days||0.0 days|
|Gross Rental Yield Percent||3.42%||5.02%|
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