Chipping Norton, 2170 ranked 905th 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
Taking the average capital gain, or increase in median house value, Chipping Norton,2170 has racked up an average of 3.89% over the period. This ranks it number 625th in the whole country for real estate investors looking at median house price increases.
At number 350th of NSW’s most discounted properties, Chipping Norton is in the bottom 30% of the state/territory when listing in order of most discounted to least.
Often selling an investment property can take time, and in Chipping Norton the average time real estate has been on the market is 62.76 days.
Renters in Suburb are facing rents around $6960 per annum or $580 every week.
Over the last year, property investments in Chipping Norton, 2170 have given investors a capital gain of -5.11%. This compares very badly with the 5.41% for NSW as a whole.
Over the longer term, Chipping Norton has seen property prices show investors a 49.28% return over the last 3 years. This is worse than over the last 12 months
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.42% offered to property buyers. Sellers in Chipping Norton itself are offering an average vendor discount of -4.41% to real estate investors.
With the median price for a house in Chipping Norton being $515000 and the advertised rent reaching $410 the gross rental yield for property investors calculates out to be 4.14%