Over the last year, property investments in Chipping Norton, 2170 have given investors a capital gain of 10.48%. This compares averagely with the 9.74% for NSW as a whole.
Chipping Norton,2170 was ranked 641 in Australia by increase in median property value over the quarter.
Sellers are offering property buyers an average discount of -5.06% to buyers in Chipping Norton at the moment, which is less than average for the rest of NSW.
Often selling an investment property can take time, and in Chipping Norton the average time real estate has been on the market is 54.2 days.
Using the current median advertised rental of $580 and the average annual increase in value of a median property of 7.82%, investors should hope to achieve an overall return of 3.09%
Chipping Norton, 2170 ranked 537th in NSW when comparing growth in median property values or capital gain over the last 12 months. Chipping Norton is one of 3163 in our list for NSW
Our latest figures would indicate that property sellers in Chipping Norton are currently offering property investors an average price cut of -4.41% below the asking price at the moment.
A $410 per week rent on the median house gives suburb investors a gross yield of circa 4.14%, without taking into account capital value appreciation, which has been averaging out at 7.28%.