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 7.75% growth over a ten-year period. It ranks 669th on our list of suburbs that property investors should look into.
CHIPPING NORTON, 2170 in NSW belongs to the local government area of Liverpool.
CHIPPING NORTON, 2170 has a capital gain of 0.26% for the past year, which is lower than average compared to its 58.42% growth within a five-year period.
With the median home price in CHIPPING NORTON sitting at $960,000, and the average rent at $580, property owners could potentially earn a 3.14% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in CHIPPING NORTON are low, as opposed to average gains per annum over the past five years.
Homeowners and real estate investors betting on CHIPPING NORTON, 2170 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 23.2%.
A steady increase in median property prices over a five-year period in CHIPPING NORTON, 2170 translates to a 52.89% capital gain.
Property investors enjoyed capital gains of 23.2% over the last 12 months in CHIPPING NORTON, translating to lower returns compared with its peers in NSW.
CHIPPING NORTON, 2170 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 $634,500.
Profits due to an upward trend in home prices in CHIPPING NORTON, 2170 averaged 17.63% per annum over a 3-year period.
Home owners selling their properties and realtors in CHIPPING NORTON usually have to wait an average of 51.7 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the $410 mark, reflecting a 3.36% increase in returns based on the current median price in CHIPPING NORTON.
CHIPPING NORTON, 2170 places 8th in Australia based on median property value growth during the quarter.