Investment property in Castle Hill has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 14.69%
Comparing Castle Hill,2154 ‘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 -5.09% to buyers in Castle Hill at the moment, which is less than average for the rest of NSW.
Using the current median advertised rental of $680 and the average annual increase in value of a median property of 9.46%, investors should hope to achieve an overall return of 2.26%
Castle Hill has had a pretty good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 10.68% to date .
Across a shorter period, Castle Hill, 2154 has seen a median price increase of 2.41% over the last quarter.
Sellers are offering property buyers an average discount of -3.85% to buyers in Castle Hill at the moment, which is less than average for the rest of NSW.
On average over the past year, suburb has had 14.50 sales per month, which equates to 174 per year.
Situated 22.59km from the CBD, Castle Hill is one of The Hills Shire localities in the postcode 2154.