Property investors who have had real estate in Erskineville, 2043 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 3.23%
Erskineville,2043 has offered an average of 3.23% return per annum in house price rises to property investors over the last three years.
At number 1215th of NSW’s most discounted properties, Erskineville is in the TOP 10% of the state/territory when listing in order of most discounted to least.
On average over the past year, suburb has had 5.58 sales per month, which equates to 67 per year.
Renters in Suburb are facing rents around $9060 per annum or $755 every week.
Erskineville has had a pretty good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 11.30% to date .
When looking at the potential capital gains offered to property investors over the last 3 years, Erskineville comes in at number 411th in NSW.
Property buyers and investors in Erskineville 2043 should be seeing an average reduction in asking price of around -4.02% . This means that Erskineville is holding prices well when compared to other suburbs in NSW.
At number 165 in a list of fastest selling suburbs, Erskineville is in the TOP 20% of suburbs in Australia with an average of days on market 45.18 for properties listed there.