Property investors who have had real estate in Arncliffe, 2205 should be pleased 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 17.88%
Arncliffe,2205 was ranked 1973 in Australia by increase in median property value over the quarter.
At number 142th of NSW’s most discounted properties, Arncliffe is in the bottom 20% of the state/territory when listing in order of most discounted to least.
Arncliffe, 2205’s gross rental yield is 2.82%
Arncliffe has had a A very good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 17.07% to date .
The five-year average increase in median property values for Arncliffe,2205 has given property investors a potential capital gain of 33.33% across each of those five years.
The most recent median price for Arncliffe is $720000, with sellers offering an average of -5.34% off the asking price.
Residents and property investors in Arncliffe have been waiting around 71.05 days to sell a property.
Property investors should expect to get $560 weekly from the median priced house in this suburb.
Arncliffe is 9km southwest of the Sydney CBD, and offers a relatively affordable housing market within easy reach of the CBD. Full summary
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Arncliffe is 9km southwest of the Sydney CBD, and offers a relatively affordable housing market within easy reach of the CBD.
It's is a mostly residential area with a mix of houses, townhouses and units. There are a sizeable number of Federation and Victorian homes, many of which offer renovation potential. Also in Arncliffe's favour is its general affordability: the median house price in the suburb is cheaper than Banksia and Rockdale. Indeed, a number of locals have no hesitation in calling Arncliffe a hidden gem.
It's a multicultural suburb, with a significant Middle Eastern influence. Weekly incomes are around average for NSW, with a diverse population of both white-collar and blue-collar workers. While there are some students, it's very much a family suburb.
Accessibility is excellent: the CBD is a 20-minute journey via direct train, and can also be reached by road via Southern Cross Drive or through Newtown. Connections to the inner west are also excellent, and the airport is minutes away – although locals report little aircraft noise. The suburb is also within easy reach of beaches at Brighton-Le-Sands.
Arncliffe's main shopping centre lies around Firth Street and Belmore Street, and extends part of the way along Forest Road. There are a wide range of eateries, many Middle Eastern, as well as supermarkets and cafes. Further retail amenities are in nearby Rockdale. There are several schools in the suburb, with the nearest hospital in Kogarah. Arncliffe also borders the prized Wolli Creek remnant bushland.
Arncliffe’s relative affordability in relation to its neighbours and suburbs closer to the CBD should fuel growth in the suburb. Favourite streets with locals include Broe Avenue, opposite Arncliffe Park, and Tantallon Avenue which features a number of heritage properties and provides views of Botany Bay from the south side of the street.