At number 2163th in the list of Australian suburbs ordered by increase in median house value over the last year, Hinchinbrook, 2168 is in the BOTTOM 50% with a property value increase of 5.18% recorded in median house prices.
Over the longer term, Hinchinbrook has seen property prices show investors a 26.03% return over the last 3 years. This is worse than over the last 12 months
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 Hinchinbrook, 2168. Typically our figures indicate that -6.41% is being offered, which puts this NSW suburb at 1281th most discounted overall in Australia.
In the last year 100 properties changed hands in Hinchinbrook, which puts it as the 270th most active market in NSW when comparing the number of sales per suburb.
Renters in Suburb are facing rents around $6000 per annum or $500 every week.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Hinchinbrook has increased when compared to the 5 year average annual rate.