Property value increases in Arncliffe have tracked close to the NSW average of 6.87% over the last 12 months.
Over the longer term, Arncliffe has seen property prices show investors a 49.40% return over the last 3 years. This is worse than over the last 12 months
The most recent median price for Arncliffe is $1182500, with sellers offering an average of -7.43% off the asking price.
Property investors should expect to get $620 weekly from the median priced house in this suburb.
Giving property investors a an average capital gain of 3.86% for the last year, Arncliffe, 2205 is the 782th highest performer in Australia in this respect.
Across a shorter period, Arncliffe, 2205 has seen a median price increase of 0.00% over the last quarter.
LACK OF BUYER INTEREST may well be the reason that Arncliffe is offering property investors an average of -4.42. This rate of discount on properties puts Suburb at number 260th in terms of most discounted suburbs in NSW
Arncliffe, 2205’s gross rental yield is 4.28%
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.