Giving property investors a a solid capital gain of 21.04% for the last year, Erskineville, 2043 is the 375th highest performer in Australia in this respect.
If we look at median property appreciation over just the last three months, Erskineville has given property investors a paper return of 3.23%. This puts Suburb as 499 on a list of fastest fasting appreciating suburbs in NSW
At number 1153th 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.
Often selling an investment property can take time, and in Erskineville the average time real estate has been on the market is 59.83 days.
Property investors should expect to get $750 weekly from the median priced house in this suburb.
Erskineville has had a quite poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of 4.27% to date .
Across a shorter period, Erskineville, 2043 has seen a median price increase of 0.59% over the last quarter.
The most recent median price for Erskineville is $855000, with sellers offering an average of -3.87% off the asking price.
Often selling an investment property can take time, and in Erskineville the average time real estate has been on the market is 43.13 days.
Using the current median advertised rental of $650 and the average annual increase in value of a median property of 7.17%, investors should hope to achieve an overall return of 3.95%