At number 2267th in the list of Australian suburbs ordered by increase in median house value over the last year, Cherrybrook, 2126 is in the BOTTOM 50% with a property value increase of 4.09% recorded in median house prices.
When looking at the potential capital gains offered to property investors over the last 3 years, Cherrybrook comes in at number 216th in NSW.
At number 1020th of NSW’s most discounted properties, Cherrybrook is in the TOP 20% of the state/territory when listing in order of most discounted to least.
If you compare the increase in value of investment property in Cherrybrook, 2126 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 6.88%.
If we look at median property appreciation over just the last three months, Cherrybrook has given property investors a paper return of 5.53%. This puts Suburb as 97 on a list of fastest fasting appreciating suburbs in NSW
Vendor discounting in Cherrybrook is giving property investors an average Vendor Discount of around -2.35%. This puts suburb at number 430th in NSW when ranking the most discounted suburbs.
A $650 per week rent on the median house gives suburb investors a gross yield of circa 3.37%, without taking into account capital value appreciation, which has been averaging out at 8.78%.