At number 889th in the list of Australian suburbs ordered by increase in median house value over the last year, Chirnside Park, 3116 is in the top 30% with a property value increase of 12.81% recorded in median house prices.
Chirnside Park,3116 was ranked 857 in Australia by increase in median property value over the quarter.
Chirnside Park3116 is located in VIC which offers an average discount of -5.80% to property investors. Chirnside Park itself is showing figures that indicate -4.05% is the average achievable by property buyers investing in the suburb.
Using the current median advertised rental of $430 and the average annual increase in value of a median property of 7.42%, investors should hope to achieve an overall return of 3.36%
Chirnside Park has had a A very good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 24.92% to date .
Chirnside Park,3116 has offered an average of 24.92% return per annum in house price rises to property investors over the last three years.
Chirnside Park3116 is located in VIC which offers an average discount of -5.03% to property investors. Chirnside Park itself is showing figures that indicate -16.51% is the average achievable by property buyers investing in the suburb.
At number 477 in a list of fastest selling suburbs, Chirnside Park is in the TOP 40% of suburbs in Australia with an average of days on market 63.45 for properties listed there.
A $440 per week rent on the median house gives suburb investors a gross yield of circa 4.40%, without taking into account capital value appreciation, which has been averaging out at 6.89%.