Chatswood is in the TOP 30% in NSW when comparing median price capital growth over the last year. Chatswood gave property investors a good capital gain figure when compared to the rest of the state, with 12.22%.
Comparing Chatswood,2067 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Our latest figures would indicate that property sellers in Chatswood are currently offering property investors an average price cut of -6.69% below the asking price at the moment.
On average over the past year, suburb has had 12.00 sales per month, which equates to 144 per year.
NSW has seen average median house prices change by 5.59% which means that Chatswood, 2067 has done well for property investors by showing a capital gain of 6.36% over the last year
Taking the average capital gain, or increase in median house value, Chatswood,2067 has racked up an average of 6.36% over the period. This ranks it number 463th in the whole country for real estate investors looking at median house price increases.
LACK OF BUYER INTEREST may well be the reason that Chatswood is offering property investors an average of -4.45. This rate of discount on properties puts Suburb at number 198th in terms of most discounted suburbs in NSW
Advertised rents are around the $630 mark per week – giving a return of 3.56% based on the median price in Suburb