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6 MIN READProperty Market Update: Brisbane, August 2021
Brisbane property prices went against the grain in August, delivering steady gains as its bigger capital city peers face...
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Chipping NortonChipping Norton - SUBURB PROFILE REPORT
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Based on its average 5-year and quarterly capital gains CHIPPING NORTON, 2170 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that CHIPPING NORTON, 2170 obtained a 6.57% growth over a ten-year period. It ranks 1188th on our list of suburbs that property investors should look into.
CHIPPING NORTON, 2170 in NSW belongs to the local government area of Liverpool (C).
CHIPPING NORTON, 2170 has a capital gain of 11.97% for the past year, which is higher than average compared to its 18.76% growth within a five-year period.
With the median home price in CHIPPING NORTON sitting at $1,052,500, and the average rent at $600, property owners could potentially earn a 2.96% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in CHIPPING NORTON are high, as opposed to average gains per annum over the past five years.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,052,500 | $662,000 |
| GROWTH REPORT | ||
| Median Quarterly | 8.12% | 3.52% |
| Median 12 month | 11.97% | 13.65% |
| Median 3 years | 9.07% | 3.44% |
| Median 5 years | 18.76% | 12.78% |
| 10 years average annual | 6.57% | 8.86% |
| Weekly media advert. rent | $600 | $430 |
| Time on Market | 37.5 days | 48.2 days |
| Gross Rental Yield Percent | 2.96% | 3.38% |
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