Arncliffe is in the bottom 10% in NSW when comparing median price capital growth over the last year. Arncliffe gave property investors a dismal capital gain figure when compared to the rest of the state, with -18.37%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Arncliffe has increased when compared to the 5 year average annual rate.
On average over the past year, suburb has had 3.50 sales per month, which equates to 42 per year.
Situated 9.92km from the CBD, Arncliffe is one of Rockdale (C) localities in the postcode 2205.
NSW has seen average median house prices change by -3.83% which means that Arncliffe, 2205 has not done well for property investors by showing a capital gain of -7.32% over the last year
A 4.44% growth in median value for property investors in Arncliffe,2205 puts this suburb at number 304th in terms of best performing suburbs in NSW
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 Arncliffe, 2205. Typically our figures indicate that -7.83% is being offered, which puts this NSW suburb at 277th most discounted overall in Australia.
In the last year 49 properties changed hands in Arncliffe, which puts it as the 204th most active market in NSW when comparing the number of sales per suburb.
The NSW suburb of Arncliffe, 2205 is in the Rockdale (C) local government area.
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Arncliffe is 9km southwest of the Sydney CBD, and offers a relatively affordable housing market within easy reach of the CBD.
It's is a mostly residential area with a mix of houses, townhouses and units. There are a sizeable number of Federation and Victorian homes, many of which offer renovation potential. Also in Arncliffe's favour is its general affordability: the median house price in the suburb is cheaper than Banksia and Rockdale. Indeed, a number of locals have no hesitation in calling Arncliffe a hidden gem.
It's a multicultural suburb, with a significant Middle Eastern influence. Weekly incomes are around average for NSW, with a diverse population of both white-collar and blue-collar workers. While there are some students, it's very much a family suburb.
Accessibility is excellent: the CBD is a 20-minute journey via direct train, and can also be reached by road via Southern Cross Drive or through Newtown. Connections to the inner west are also excellent, and the airport is minutes away – although locals report little aircraft noise. The suburb is also within easy reach of beaches at Brighton-Le-Sands.
Arncliffe's main shopping centre lies around Firth Street and Belmore Street, and extends part of the way along Forest Road. There are a wide range of eateries, many Middle Eastern, as well as supermarkets and cafes. Further retail amenities are in nearby Rockdale. There are several schools in the suburb, with the nearest hospital in Kogarah. Arncliffe also borders the prized Wolli Creek remnant bushland.
Arncliffe’s relative affordability in relation to its neighbours and suburbs closer to the CBD should fuel growth in the suburb. Favourite streets with locals include Broe Avenue, opposite Arncliffe Park, and Tantallon Avenue which features a number of heritage properties and provides views of Botany Bay from the south side of the street.