Property investors who have had real estate in Artarmon, 2064 should be relatively pleased 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 8.92%
Comparing Artarmon,2064 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Using the current median advertised rental of $1242.5 and the average annual increase in value of a median property of 8.65%, investors should hope to achieve an overall return of 2.46%
Property value increases in Artarmon have tracked just higher than the NSW average of 7.74% over the last 12 months.
Over the longer term, Artarmon has seen property prices show investors a 26.74% return over the last 3 years. This is worse than over the last 12 months
Vendor discounting in Artarmon is giving property investors an average Vendor Discount of around -2.06%. This puts suburb at number 427th in NSW when ranking the most discounted suburbs.
Residents and property investors in Artarmon have been waiting around 25.24 days to sell a property.
The NSW suburb of Artarmon, 2064 is in the Willoughby local government area.
Sandwiched between Chatswood and St Leonards, Artarmon is a popular suburb with a wide range of renters and owner-occupiers alike. The available stock on the market has reduced by more than 50% in the last 12 months, with all types of properties being keenly snapped up by buyers.Full summary
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Median unit price: $822,500
Stock on market: -55.9%
12-month growth: 2.72%
Sandwiched between Chatswood and St Leonards, Artarmon is a popular suburb with a wide range of renters and owner-occupiers alike.
Here, the available stock on the market has reduced by more than 50% in the last 12 months, with all types of properties – apartments, period homes, new townhouses and sprawling freestanding dwellings – being keenly snapped up by buyers.
Locals love the access to the suburb’s café community, while being just moments to all of Chatswood's shopping and entertainment facilities.
Moreover, this suburb is right on the train line, offering easy access to commercial and employments hubs of the CBD (within around half an hour), and St Leonards and Crows Nest (within a few minutes). There are also several local family-oriented amenities, including childcare centres and the Artarmon Public School.Close