Investment property in Chippendale has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 9.63%
Chippendale,2008 has offered an average of 9.63% return per annum in house price rises to property investors over the last three years.
Chippendale is 998th on a list of best yielding suburbs for rents in NSW with a 2.72% return
Over the last year, property investments in Chippendale, 2008 have given investors a capital gain of 19.41%. This compares very favourably with the 6.59% for NSW as a whole.
Across a shorter period, Chippendale, 2008 has seen a median price increase of 0.75% over the last quarter.
Sellers are offering property buyers an average discount of -4.49% to buyers in Chippendale at the moment, which is less than average for the rest of NSW.
Residents and property investors in Chippendale have been waiting around 70.98 days to sell a property.
With the median price for a house in Chippendale being $806000 and the advertised rent reaching $587.5 the gross rental yield for property investors calculates out to be 3.79%