Over the last year, property investments in Arncliffe, 2205 have given investors a capital gain of 2.41%. This compares badly with the 6.38% for NSW as a whole.
The five-year average increase in median property values for Arncliffe,2205 has given property investors a potential capital gain of 77.16% across each of those five years.
Arncliffe2205 is located in NSW which offers an average discount of -5.50% to property investors. Arncliffe itself is showing figures that indicate -7.90% is the average achievable by property buyers investing in the suburb.
Situated 9.46km from the CBD, Arncliffe is one of Rockdale localities in the postcode 2205.
If you compare the increase in value of investment property in Arncliffe, 2205 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this NSW suburb was 4.29%.
Taking the average capital gain, or increase in median house value, Arncliffe,2205 has racked up an average of 4.29% over the period. This ranks it number 522th in the whole country for real estate investors looking at median house price increases.
The most recent median price for Arncliffe is $705000, with sellers offering an average of -4.64% off the asking price.
With the median price for a house in Arncliffe being $705000 and the advertised rent reaching $577.5 the gross rental yield for property investors calculates out to be 4.26%
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.