If you compare the increase in value of investment property in Erskineville, 2043 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 18.58%.
Across a shorter period, Erskineville, 2043 has seen a median price increase of 2.70% over the last quarter.
Vendor discounting in Erskineville is giving property investors an average Vendor Discount of around -7.42%. This puts suburb at number 173th in NSW when ranking the most discounted suburbs.
Often selling an investment property can take time, and in Erskineville the average time real estate has been on the market is 52 days.
Erskineville is 896th on a list of best yielding suburbs for rents in NSW with a 2.86% return
At number 307th in the list of Australian suburbs ordered by increase in median house value over the last year, Erskineville, 2043 is in the top 20% with a property value increase of 13.49% recorded in median house prices.
A 56.57% growth in median value for property investors in Erskineville,2043 puts this suburb at number 176th in terms of best performing suburbs in NSW
Property buyers and investors in Erskineville 2043 should be seeing an average reduction in asking price of around -3.81% . This means that Erskineville is holding prices well when compared to other suburbs in NSW.