Artarmon has had a A very good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 15.74% to date .
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Artarmon has increased when compared to the 5 year average annual rate.
Property investors looking for a bargain in Artarmon should be aiming for at least -2.00% off the asking price, which is the average vendor discount being achieved at the moment.
At number 1637 in a list of fastest selling suburbs, Artarmon is just in the top half of suburbs in Australia with an average of days on market 76.7 for properties listed there.
With a capital gain of 3.91% for the last 12 months, Artarmon, 2064 has performed for property investments than its average annual 6.57% property growth over the last 5 years.
Artarmon,2064 was ranked 374 in Australia by increase in median property value over the quarter.
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 Artarmon, 2064. Typically our figures indicate that -4.04% is being offered, which puts this NSW suburb at 1079th most discounted overall in Australia.
Renters in Suburb are facing rents around $7080 per annum or $590 every week.