With a capital gain of -4.11% for the last 12 months, Chifley, 2606 has performed for property investments than its average annual 4.22% property growth over the last 5 years.
The five-year average increase in median property values for Chifley,2606 has given property investors a potential capital gain of 28.56% across each of those five years.
At number 1641th in the list of Australian suburbs ordered by increase in median house value over the last year, Chifley, 2606 is in the BOTTOM 10% with a property value increase of -14.87% recorded in median house prices.
Chifley,2606 was ranked 104 in Australia by increase in median property value over the quarter.
Our latest figures would indicate that property sellers in Chifley are currently offering property investors an average price cut of -4.67% below the asking price at the moment.
On average over the past year, suburb has had 2.17 sales per month, which equates to 26 per year.
Using the current median advertised rental of $350 and the average annual increase in value of a median property of 7.22%, investors should hope to achieve an overall return of 5.48%