Property investors who have had real estate in Cherrybrook, 2126 should be relatively pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 9.60%
The five-year average increase in median property values for Cherrybrook,2126 has given property investors a potential capital gain of 81.46% across each of those five years.
Sellers are offering property buyers an average discount of -4.68% to buyers in Cherrybrook at the moment, which is less than average for the rest of NSW.
In the last year 200 properties changed hands in Cherrybrook, which puts it as the 65th most active market in NSW when comparing the number of sales per suburb.
Renters in Suburb are facing rents around $9330 per annum or $777.5 every week.
If you compare the increase in value of investment property in Cherrybrook, 2126 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this NSW suburb was 5.31%.
Comparing Cherrybrook,2126 ‘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 Cherrybrook are currently offering property investors an average price cut of -3.84% below the asking price at the moment.
In the last year 49 properties changed hands in Cherrybrook, which puts it as the 251th most active market in NSW when comparing the number of sales per suburb.