Property investors who have had real estate in Artarmon, 2064 should be 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 16.71%
The five-year average increase in median property values for Artarmon,2064 has given property investors a potential capital gain of 76.05% across each of those five years.
Our latest figures would indicate that property sellers in Artarmon are currently offering property investors an average price cut of -2.00% below the asking price at the moment.
Residents and property investors in Artarmon have been waiting around 82.9 days to sell a property.
Giving property investors a a stable capital gain of 7.36% for the last year, Artarmon, 2064 is the 540th highest performer in Australia in this respect.
Artarmon,2064 has offered an average of 7.36% return per annum in house price rises to property investors over the last three years.
LACK OF BUYER INTEREST may well be the reason that Artarmon is offering property investors an average of -4.41. This rate of discount on properties puts Suburb at number 361th in terms of most discounted suburbs in NSW
Residents and property investors in Artarmon have been waiting around 37.63 days to sell a property.
Renters in Suburb are facing rents around $7080 per annum or $590 every week.
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