Property investors who have had real estate in Chatswood West, 2067 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 9.78%
When looking at the potential capital gains offered to property investors over the last 3 years, Chatswood West comes in at number 266th in NSW.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.49% offered to property buyers. Sellers in Chatswood West itself are offering an average vendor discount of -12.48% to real estate investors.
At number 3392 in a list of fastest selling suburbs, Chatswood West is in the bottom 20% of suburbs in Australia with an average of days on market 131.21 for properties listed there.
Using the current median advertised rental of $725 and the average annual increase in value of a median property of 8.43%, investors should hope to achieve an overall return of 2.18%