NSW has seen average median house prices change by 7.28% which means that Chatswood, 2067 has done well for property investors by showing a capital gain of 18.81% over the last year
While Chatswood,2067 ranked number 86th in NSW for increase in median house value (annualised) increase, it is ranked 24th over the last 5 years.
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 642th in terms of most discounted 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 87.44 days.
Property value increases in Chatswood have tracked just higher than the NSW average of 5.73% over the last 12 months.
Chatswood,2067 was ranked 718 in Australia by increase in median property value over the quarter.
Our latest figures would indicate that property sellers in Chatswood are currently offering property investors an average price cut of -4.67% below the asking price at the moment.