Property investors who have had real estate in Darlinghurst, 2010 should be relatively pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 11.76%
Darlinghurst,2010 was ranked 2573 in Australia by increase in median property value over the quarter.
Property investors looking for a bargain in Darlinghurst should be aiming for at least -7.19% off the asking price, which is the average vendor discount being achieved at the moment.
At number 502 in a list of fastest selling suburbs, Darlinghurst is in the TOP 20% of suburbs in Australia with an average of days on market 49.52 for properties listed there.
Advertised rents are around the $877.5 mark per week – giving a return of 2.40% based on the median price in Suburb
Darlinghurst has had a pretty good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 10.06% to date .
When looking at the potential capital gains offered to property investors over the last 3 years, Darlinghurst comes in at number 411th in NSW.
LACK OF BUYER INTEREST may well be the reason that Darlinghurst is offering property investors an average of -4.41. This rate of discount on properties puts Suburb at number 17th in terms of most discounted suburbs in NSW
Often selling an investment property can take time, and in Darlinghurst the average time real estate has been on the market is 55.94 days.