Cherrybrook has had a quite poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of 4.97% to date .
Across a shorter period, Cherrybrook, 2126 has seen a median price increase of 1.84% over the last quarter.
Cherrybrook, 2126 is offering NSW ‘s 1068th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 20% of discounts offered by this NSW.
With the median price for a house in Cherrybrook being $1451160 and the advertised rent reaching $760 the gross rental yield for property investors calculates out to be 2.72%
Investment property in Cherrybrook has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 2.13%
Taking the average capital gain, or increase in median house value, Cherrybrook,2126 has racked up an average of 2.13% over the period. This ranks it number 141th in the whole country for real estate investors looking at median house price increases.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Cherrybrook, 2126. Typically our figures indicate that -2.35% is being offered, which puts this NSW suburb at 1378th most discounted overall in Australia.
With the median price for a house in Cherrybrook being $960000 and the advertised rent reaching $650 the gross rental yield for property investors calculates out to be 3.52%