Property investors have seen a 1.19% 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 $850,000
Profits averaged 12% 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 $510 based on current median home prices for the suburb.
The gross rental yield in CHESTER HILL, 2162 is 3.12%.
An average of 11.5 real estate transactions take place per month in CHESTER HILL which translates to 138 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||6.25%||27.67%|
|Median 3 years||36%||60.26%|
|Median 5 years||82.01%||87.38%|
|10 years average annual||9.29%||9.65%|
|Weekly media advert. rent||$510||$440|
|Time on Market||73.4 days||85.0 days|
|Gross Rental Yield Percent||3.12%||3.76%|