Erskineville, 2043 ranked 321th in NSW when comparing growth in median property values or capital gain over the last 12 months. Erskineville is one of 3163 in our list for NSW
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Erskineville has increased when compared to the 5 year average annual rate.
The most recent median price for Erskineville is $1352500, with sellers offering an average of -1.33% off the asking price.
On average over the past year, suburb has had 4.83 sales per month, which equates to 58 per year.
Situated 4.07km from the CBD, Erskineville is one of Sydney localities in the postcode 2043.
With a capital gain of 8.22% for the last 12 months, Erskineville, 2043 has performed for property investments than its average annual 7.23% property growth over the last 5 years.
The five-year average increase in median property values for Erskineville,2043 has given property investors a potential capital gain of 42.34% across each of those five years.
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 Erskineville, 2043. Typically our figures indicate that -3.40% is being offered, which puts this NSW suburb at 1238th most discounted overall in Australia.
In the last year 139 properties changed hands in Erskineville, which puts it as the 101th most active market in NSW when comparing the number of sales per suburb.