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 3.55%.
Across a shorter period, Cherrybrook, 2126 has seen a median price increase of 2.14% over the last quarter.
LACK OF BUYER INTEREST may well be the reason that Cherrybrook is offering property investors an average of -5.49. This rate of discount on properties puts Suburb at number 951th in terms of most discounted suburbs in NSW
Advertised rents are around the $760 mark per week – giving a return of 2.76% based on the median price in Suburb
At number 923th 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 2.13% recorded in median house prices.
Comparing Cherrybrook,2126 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Sellers are offering property buyers an average discount of -2.35% to buyers in Cherrybrook at the moment, which is less than average for the rest of NSW.
On average over the past year, suburb has had 4.08 sales per month, which equates to 49 per year.