Giving property investors a a poor capital gain of -10.47% for the last year, Artarmon, 2064 is the 3956th highest performer in Australia in this respect.
Comparing Artarmon,2064 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Artarmon is 905th on a list of best yielding suburbs for rents in NSW with a 2.74% return
Property value increases in Artarmon have tracked just higher than the NSW average of 6.98% over the last 12 months.
While Artarmon,2064 ranked number 134th in NSW for increase in median house value (annualised) increase, it is ranked 158th over the last 5 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 Artarmon, 2064. Typically our figures indicate that -3.91% is being offered, which puts this NSW suburb at 1066th most discounted overall in Australia.
Using the current median advertised rental of $600 and the average annual increase in value of a median property of 7.31%, investors should hope to achieve an overall return of 3.19%
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
Information supplied by:
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