At number 1315th in the list of Australian suburbs ordered by increase in median house value over the last year, Chipping Norton, 2170 is in the top 40% with a property value increase of 10.80% recorded in median house prices.
Comparing Chipping Norton,2170 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
The most recent median price for Chipping Norton is $975000, with sellers offering an average of -4.54% off the asking price.
Over the last year, property investments in Chipping Norton, 2170 have given investors a capital gain of -11.51%. This compares very badly with the 7.74% for NSW as a whole.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Chipping Norton has increased when compared to the 5 year average annual rate.
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 Chipping Norton, 2170. Typically our figures indicate that -4.04% is being offered, which puts this NSW suburb at 1011th most discounted overall in Australia.