Denistone, 2114 ranked 1233th in NSW when comparing growth in median property values or capital gain over the last 12 months. Denistone is one of 3163 in our list for NSW
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Denistone has increased when compared to the 5 year average annual rate.
Using the current median advertised rental of $670 and the average annual increase in value of a median property of 6.74%, investors should hope to achieve an overall return of 2.35%
If you compare the increase in value of investment property in Denistone, 2114 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 2.99%.
The five-year average increase in median property values for Denistone,2114 has given property investors a potential capital gain of 50.23% across each of those five years.
In the last year 16 properties changed hands in Denistone, which puts it as the 442th most active market in NSW when comparing the number of sales per suburb.
The NSW suburb of Denistone, 2114 is in the Ryde (C) local government area.