Melbourne, Perth Drive Weekly Auction Activity
Capital city auction activity is expected to rise over this weekend, with an increase in volumes on the back of strong a...
Property investors have seen a 2.66% 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 $830,000
Profits averaged -1.35% 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 $490 based on current median home prices for the suburb.
The gross rental yield in CHESTER HILL, 2162 is 3.07%.
An average of 11.08 real estate transactions take place per month in CHESTER HILL which translates to 133 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||3.75%||-9.6%|
|Median 3 years||-4.05%||-20.75%|
|Median 5 years||5.4%||-3.82%|
|10 years average annual||6.89%||6.08%|
|Weekly media advert. rent||$490||$409.5|
|Time on Market||69.8 days||84.9 days|
|Gross Rental Yield Percent||3.07%||4.33%|