At number 66th in the list of Australian suburbs ordered by increase in median house value over the last year, Darlinghurst, 2010 is in the top 10% with a property value increase of 30.58% recorded in median house prices.
Darlinghurst,2010 has offered an average of 30.58% return per annum in house price rises to property investors over the last three years.
LACK OF BUYER INTEREST may well be the reason that Darlinghurst is offering property investors an average of -5.50. This rate of discount on properties puts Suburb at number 497th in terms of most discounted suburbs in NSW
A $870 per week rent on the median house gives suburb investors a gross yield of circa 2.38%, without taking into account capital value appreciation, which has been averaging out at 10.85%.
Giving property investors a a stable capital gain of 6.92% for the last year, Darlinghurst, 2010 is the 570th highest performer in Australia in this respect.
Taking the average capital gain, or increase in median house value, Darlinghurst,2010 has racked up an average of 6.92% over the period. This ranks it number 676th in the whole country for real estate investors looking at median house price increases.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Darlinghurst, 2010. Typically our figures indicate that -7.65% is being offered, which puts this NSW suburb at 191th most discounted overall in Australia.
On average over the past year, suburb has had 23.25 sales per month, which equates to 279 per year.