Investment property in Artarmon 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 15.95%
Over the longer term, Artarmon has seen property prices show investors a 60.94% return over the last 3 years. This is worse than over the last 12 months
Sellers are offering property buyers an average discount of -2.00% to buyers in Artarmon at the moment, which is less than average for the rest of NSW.
The NSW suburb of Artarmon, 2064 is in the Willoughby local government area.
With a capital gain of 7.52% for the last 12 months, Artarmon, 2064 has performed for property investments than its average annual 6.31% property growth over the last 5 years.
Artarmon,2064 was ranked 817 in Australia by increase in median property value over the quarter.
Our latest figures would indicate that property sellers in Artarmon are currently offering property investors an average price cut of -4.66% below the asking price at the moment.
Using the current median advertised rental of $580 and the average annual increase in value of a median property of 6.31%, investors should hope to achieve an overall return of 3.67%