If you compare the increase in value of investment property in Artarmon, 2064 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this NSW suburb was 4.44%.
Artarmon,2064 has offered an average of 4.44% return per annum in house price rises to property investors over the last three years.
With a capital gain of 15.15% for the last 12 months, Artarmon, 2064 has performed for property investments than its average annual 7.05% property growth over the last 5 years.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Artarmon has increased when compared to the 5 year average annual rate.
Vendor discounting in Artarmon is giving property investors an average Vendor Discount of around -3.38%. This puts suburb at number 191th in NSW when ranking the most discounted suburbs.
Using the current median advertised rental of $600 and the average annual increase in value of a median property of 7.05%, investors should hope to achieve an overall return of 3.28%
Sandwiched between Chatswood and St Leonards, Artarmon is a popular suburb with a wide range of renters and owner-occupiers alike. The available stock on the market has reduced by more than 50% in the last 12 months, with all types of properties being keenly snapped up by buyers.Full summary
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Median unit price: $822,500
Stock on market: -55.9%
12-month growth: 2.72%
Sandwiched between Chatswood and St Leonards, Artarmon is a popular suburb with a wide range of renters and owner-occupiers alike.
Here, the available stock on the market has reduced by more than 50% in the last 12 months, with all types of properties – apartments, period homes, new townhouses and sprawling freestanding dwellings – being keenly snapped up by buyers.
Locals love the access to the suburb’s café community, while being just moments to all of Chatswood's shopping and entertainment facilities.
Moreover, this suburb is right on the train line, offering easy access to commercial and employments hubs of the CBD (within around half an hour), and St Leonards and Crows Nest (within a few minutes). There are also several local family-oriented amenities, including childcare centres and the Artarmon Public School.Close