Property investors who have had real estate in Birchgrove, 2041 should be ok 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 3.38%
Over the longer term, Birchgrove has seen property prices show investors a 21.36% return over the last 3 years. This is worse than over the last 12 months
With the median price for a house in Birchgrove being $1760000 and the advertised rent reaching $875 the gross rental yield for property investors calculates out to be 2.59%
With a capital gain of 41.94% for the last 12 months, Birchgrove, 2041 has performed for property investments than its average annual 11.59% property growth over the last 5 years.
The five-year average increase in median property values for Birchgrove,2041 has given property investors a potential capital gain of 51.72% across each of those five years.
A $650 per week rent on the median house gives suburb investors a gross yield of circa 2.56%, without taking into account capital value appreciation, which has been averaging out at 11.59%.