NSW has seen average median house prices change by 7.47% which means that Chain Valley Bay, 2259 has done well for property investors by showing a capital gain of 11.71% over the last year
Chain Valley Bay,2259 has offered an average of 11.71% return per annum in house price rises to property investors over the last three years.
LACK OF BUYER INTEREST may well be the reason that Chain Valley Bay is offering property investors an average of -5.49. This rate of discount on properties puts Suburb at number 516th in terms of most discounted suburbs in NSW
In the last year 33 properties changed hands in Chain Valley Bay, which puts it as the 901th most active market in NSW when comparing the number of sales per suburb.
Using the current median advertised rental of $400 and the average annual increase in value of a median property of 5.50%, investors should hope to achieve an overall return of 4.47%