Investment property in Erskineville has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 12.64%
Erskineville,2043 was ranked 1148 in Australia by increase in median property value over the quarter.
Sellers are offering property buyers an average discount of -1.33% to buyers in Erskineville at the moment, which is less than average for the rest of NSW.
Erskineville is 925th on a list of best yielding suburbs for rents in NSW with a 2.89% return
At number 994th in the list of Australian suburbs ordered by increase in median house value over the last year, Erskineville, 2043 is in the BOTTOM 50% with a property value increase of 0.96% recorded in median house prices.
Over the longer term, Erskineville has seen property prices show investors a 8.75% return over the last 3 years. This is worse than over the last 12 months
Sellers are offering property buyers an average discount of -3.40% to buyers in Erskineville at the moment, which is less than average for the rest of NSW.
Property investors should expect to get $630 weekly from the median priced house in this suburb.