Chippendale is in the TOP 20% in NSW when comparing median price capital growth over the last year. Chippendale gave property investors a very good capital gain figure when compared to the rest of the state, with 14.98%.
Taking the average capital gain, or increase in median house value, Chippendale,2008 has racked up an average of 14.98% over the period. This ranks it number 68th in the whole country for real estate investors looking at median house price increases.
A $780 per week rent on the median house gives suburb investors a gross yield of circa 2.68%, without taking into account capital value appreciation, which has been averaging out at 10.57%.
At number 788th in the list of Australian suburbs ordered by increase in median house value over the last year, Chippendale, 2008 is in the top half with a property value increase of 3.65% recorded in median house prices.
A 30.00% growth in median value for property investors in Chippendale,2008 puts this suburb at number 498th in terms of best performing suburbs in NSW
Chippendale2008 is located in NSW which offers an average discount of -4.41% to property investors. Chippendale itself is showing figures that indicate -4.63% is the average achievable by property buyers investing in the suburb.
Using the current median advertised rental of $590 and the average annual increase in value of a median property of 8.86%, investors should hope to achieve an overall return of 3.93%