Investment property in Chatswood 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 3.71%
Chatswood,2067 has offered an average of 3.71% return per annum in house price rises to property investors over the last three years.
At number 1825 in a list of fastest selling suburbs, Chatswood is just in the bottom half of suburbs in Australia with an average of days on market 77.2778 for properties listed there.
Using the current median advertised rental of $985 and the average annual increase in value of a median property of 8.99%, investors should hope to achieve an overall return of 2.22%
Chatswood has had a pretty average year for property investment returns compared to the rest of NSW, giving investors a capital gain of -6.48% to date .
If we look at median property appreciation over just the last three months, Chatswood has given property investors a paper return of -4.72%. This puts Suburb as 413 on a list of fastest fasting appreciating suburbs in NSW
Vendor discounting in Chatswood is giving property investors an average Vendor Discount of around -5.52%. This puts suburb at number 270th in NSW when ranking the most discounted suburbs.
Using the current median advertised rental of $650 and the average annual increase in value of a median property of 8.01%, investors should hope to achieve an overall return of 3.35%