Birchgrove is an average performer in NSW when comparing median price capital growth over the last year. Birchgrove gave property investors a average capital gain figure when compared to the rest of the state, with 7.40%.
Taking the average capital gain, or increase in median house value, Birchgrove,2041 has racked up an average of 7.40% over the period. This ranks it number 1402th in the whole country for real estate investors looking at median house price increases.
Often selling an investment property can take time, and in Birchgrove the average time real estate has been on the market is 56.27 days.
Using the current median advertised rental of $850 and the average annual increase in value of a median property of 6.96%, investors should hope to achieve an overall return of 2.44%
Using the current median advertised rental of $650 and the average annual increase in value of a median property of 12.83%, investors should hope to achieve an overall return of 2.55%