Arncliffe, 2205 ranked 843th in NSW when comparing growth in median property values or capital gain over the last 12 months. Arncliffe is one of 3163 in our list for NSW
If we look at median property appreciation over just the last three months, Arncliffe has given property investors a paper return of 0.50%. This puts Suburb as 1062 on a list of fastest fasting appreciating suburbs in NSW
Vendor discounting in Arncliffe is giving property investors an average Vendor Discount of around -6.75%. This puts suburb at number 258th in NSW when ranking the most discounted suburbs.
Advertised rents are around the $630 mark per week – giving a return of 2.72% based on the median price in Suburb
With a capital gain of 0.35% for the last 12 months, Arncliffe, 2205 has performed for property investments than its average annual 9.98% property growth over the last 5 years.
Taking the average capital gain, or increase in median house value, Arncliffe,2205 has racked up an average of 0.35% over the period. This ranks it number 542th in the whole country for real estate investors looking at median house price increases.
Sellers are offering property buyers an average discount of -3.36% to buyers in Arncliffe at the moment, which is less than average for the rest of NSW.
Often selling an investment property can take time, and in Arncliffe the average time real estate has been on the market is 68.52 days.
A $590 per week rent on the median house gives suburb investors a gross yield of circa 4.31%, without taking into account capital value appreciation, which has been averaging out at 9.98%.
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.