Over the last year, property investments in Arncliffe, 2205 have given investors a capital gain of 6.19%. This compares averagely with the 7.28% for NSW as a whole.
Taking the average capital gain, or increase in median house value, Arncliffe,2205 has racked up an average of 6.19% over the period. This ranks it number 428th in the whole country for real estate investors looking at median house price increases.
Property investors looking for a bargain in Arncliffe should be aiming for at least -7.17% off the asking price, which is the average vendor discount being achieved at the moment.
At number 1911 in a list of fastest selling suburbs, Arncliffe is just in the bottom half of suburbs in Australia with an average of days on market 82.51 for properties listed there.
Advertised rents are around the $627.5 mark per week – giving a return of 2.72% based on the median price in Suburb
At number 859th in the list of Australian suburbs ordered by increase in median house value over the last year, Arncliffe, 2205 is in the top half with a property value increase of 2.69% recorded in median house prices.
When looking at the potential capital gains offered to property investors over the last 3 years, Arncliffe comes in at number 390th in NSW.
Arncliffe2205 is located in NSW which offers an average discount of -4.41% to property investors. Arncliffe itself is showing figures that indicate -3.92% is the average achievable by property buyers investing in the suburb.
In the last year 85 properties changed hands in Arncliffe, which puts it as the 177th most active market in NSW when comparing the number of sales per suburb.
Property investors should expect to get $590 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.