NSW has seen average median house prices change by 10.13% which means that Birchgrove, 2041 has done well for property investors by showing a capital gain of 19.18% over the last year
While Birchgrove,2041 ranked number 539th in NSW for increase in median house value (annualised) increase, it is ranked 296th over the last 5 years.
Birchgrove, 2041’s gross rental yield is 2.37%
Investment property in Birchgrove 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 6.82%
Across a shorter period, Birchgrove, 2041 has seen a median price increase of -1.40% over the last quarter.
On average over the past year, suburb has had 2.58 sales per month, which equates to 31 per year.
Advertised rents are around the $625 mark per week – giving a return of 2.30% based on the median price in Suburb