At number 2053th in the list of Australian suburbs ordered by increase in median house value over the last year, Birchgrove, 2041 is in the top half with a property value increase of 7.40% recorded in median house prices.
A 82.04% growth in median value for property investors in Birchgrove,2041 puts this suburb at number 1292th in terms of best performing suburbs in NSW
With the median price for a house in Birchgrove being $2166250 and the advertised rent reaching $1000 the gross rental yield for property investors calculates out to be 2.40%
Investment property in Birchgrove has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -7.80%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Birchgrove has increased when compared to the 5 year average annual rate.