Chipping Norton has had a quite poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of 4.76% to date .
Comparing Chipping Norton,2170 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
At number 452th of NSW’s most discounted properties, Chipping Norton is in the bottom 40% of the state/territory when listing in order of most discounted to least.
With the median price for a house in Chipping Norton being $880000 and the advertised rent reaching $560 the gross rental yield for property investors calculates out to be 3.31%
NSW has seen average median house prices change by 8.14% which means that Chipping Norton, 2170 has done well for property investors by showing a capital gain of 30.34% over the last year
Taking the average capital gain, or increase in median house value, Chipping Norton,2170 has racked up an average of 30.34% over the period. This ranks it number 18th in the whole country for real estate investors looking at median house price increases.
The most recent median price for Chipping Norton is $580000, with sellers offering an average of -4.63% off the asking price.
In the last year 38 properties changed hands in Chipping Norton, which puts it as the 304th most active market in NSW when comparing the number of sales per suburb.
A $430 per week rent on the median house gives suburb investors a gross yield of circa 3.86%, without taking into account capital value appreciation, which has been averaging out at 9.07%.