Investment property in Chester Hill 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 3.99%
Chester Hill,2162 has offered an average of 3.99% return per annum in house price rises to property investors over the last three years.
LACK OF BUYER INTEREST may well be the reason that Chester Hill is offering property investors an average of -5.22. This rate of discount on properties puts Suburb at number 359th in terms of most discounted suburbs in NSW
Residents and property investors in Chester Hill have been waiting around 71.05 days to sell a property.
Chester Hill is 744th on a list of best yielding suburbs for rents in NSW with a 3.18% return
Over the last year, property investments in Chester Hill, 2162 have given investors a capital gain of 27.33%. This compares very favourably with the 8.63% for NSW as a whole.
A 87.08% growth in median value for property investors in Chester Hill,2162 puts this suburb at number 223th in terms of best performing suburbs in NSW
Our latest figures would indicate that property sellers in Chester Hill are currently offering property investors an average price cut of -5.08% below the asking price at the moment.
Situated 17.54km from the CBD, Chester Hill is one of Bankstown localities in the postcode 2162.