At number 1851th in the list of Australian suburbs ordered by increase in median house value over the last year, Chittaway Bay, 2261 is in the top half with a property value increase of 7.18% recorded in median house prices.
The five-year average increase in median property values for Chittaway Bay,2261 has given property investors a potential capital gain of 69.33% across each of those five years.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Chittaway Bay, 2261. Typically our figures indicate that -3.72% is being offered, which puts this NSW suburb at 3215th most discounted overall in Australia.
In the last year 50 properties changed hands in Chittaway Bay, which puts it as the 656th most active market in NSW when comparing the number of sales per suburb.
With the median price for a house in Chittaway Bay being $552000 and the advertised rent reaching $440 the gross rental yield for property investors calculates out to be 4.14%