Property investors who have had real estate in Chester Hill, 2162 should be ok 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 5.31%
Over the longer term, Chester Hill has seen property prices show investors a 38.11% return over the last 3 years. This is worse than over the last 12 months
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Chester Hill, 2162. Typically our figures indicate that -4.93% is being offered, which puts this NSW suburb at 2298th most discounted overall in Australia.
At number 2130 in a list of fastest selling suburbs, Chester Hill is just in the bottom half of suburbs in Australia with an average of days on market 82.48 for properties listed there.
With the median price for a house in Chester Hill being $842500 and the advertised rent reaching $510 the gross rental yield for property investors calculates out to be 3.15%
Investment property in Chester Hill has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 17.52%
Comparing Chester Hill,2162 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Vendor discounting in Chester Hill is giving property investors an average Vendor Discount of around -4.96%. This puts suburb at number 120th in NSW when ranking the most discounted suburbs.
Chester Hill is 329th on a list of best yielding suburbs for rents in NSW with a 3.86% return