At number 318th in the list of Australian suburbs ordered by increase in median house value over the last year, Chatswood, 2067 is in the top 10% with a property value increase of 18.02% recorded in median house prices.
Across a shorter period, Chatswood, 2067 has seen a median price increase of 9.61% over the last quarter.
LACK OF BUYER INTEREST may well be the reason that Chatswood is offering property investors an average of -5.49. This rate of discount on properties puts Suburb at number 531th in terms of most discounted suburbs in NSW
On average over the past year, suburb has had 12.00 sales per month, which equates to 144 per year.
Chatswood is an average performer in NSW when comparing median price capital growth over the last year. Chatswood gave property investors a average capital gain figure when compared to the rest of the state, with 6.91%.
Chatswood,2067 was ranked 932 in Australia by increase in median property value over the quarter.
Property buyers and investors in Chatswood 2067 should be seeing an average reduction in asking price of around -4.42% . This means that Chatswood is holding prices well when compared to other suburbs in NSW.
Often selling an investment property can take time, and in Chatswood the average time real estate has been on the market is 55.91 days.
A $630 per week rent on the median house gives suburb investors a gross yield of circa 3.56%, without taking into account capital value appreciation, which has been averaging out at 6.77%.