Chester Hill has had a quite poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of 3.90% to date .
A 77.38% growth in median value for property investors in Chester Hill,2162 puts this suburb at number 1000th in terms of best performing suburbs in NSW
Sellers are offering property buyers an average discount of -5.04% to buyers in Chester Hill at the moment, which is less than average for the rest of NSW.
In the last year 145 properties changed hands in Chester Hill, which puts it as the 130th most active market in NSW when comparing the number of sales per suburb.
Property value increases in Chester Hill have tracked just lower than the NSW average of 5.41% over the last 12 months.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Chester Hill has increased when compared to the 5 year average annual rate.
Property investors looking for a bargain in Chester Hill should be aiming for at least -4.10% off the asking price, which is the average vendor discount being achieved at the moment.
At number 524 in a list of fastest selling suburbs, Chester Hill is in the TOP 40% of suburbs in Australia with an average of days on market 67.13 for properties listed there.
Renters in Suburb are facing rents around $5220 per annum or $435 every week.