Over the last year, property investments in Artarmon, 2064 have given investors a capital gain of -0.19%. This compares badly with the 5.53% for NSW as a whole.
If we look at median property appreciation over just the last three months, Artarmon has given property investors a paper return of 4.38%. This puts Suburb as 201 on a list of fastest fasting appreciating suburbs in NSW
In the last year 22 properties changed hands in Artarmon, which puts it as the 1053th most active market in NSW when comparing the number of sales per suburb.
Using the current median advertised rental of $1200 and the average annual increase in value of a median property of 6.05%, investors should hope to achieve an overall return of 2.38%
Investment property in Artarmon has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 5.74%
Comparing Artarmon,2064 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Our latest figures would indicate that property sellers in Artarmon are currently offering property investors an average price cut of -5.17% below the asking price at the moment.
Property investors should expect to get $620 weekly from the median priced house in this suburb.
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