With a capital gain of 14.56% for the last 12 months, Dulwich Hill, 2203 has performed for property investments than its average annual 8.68% property growth over the last 5 years.
While Dulwich Hill,2203 ranked number 926th in NSW for increase in median house value (annualised) increase, it is ranked 587th over the last 5 years.
At number 622th of NSW’s most discounted properties, Dulwich Hill is in the TOP 20% of the state/territory when listing in order of most discounted to least.
Renters in Suburb are facing rents around $38480 per annum or $740 every week.
Dulwich Hill, 2203 ranked 364th in NSW when comparing growth in median property values or capital gain over the last 12 months. Dulwich Hill is one of 3163 in our list for NSW
Dulwich Hill,2203 was ranked 353 in Australia by increase in median property value over the quarter.
Vendor discounting in Dulwich Hill is giving property investors an average Vendor Discount of around -3.51%. This puts suburb at number 177th in NSW when ranking the most discounted suburbs.
Often selling an investment property can take time, and in Dulwich Hill the average time real estate has been on the market is 45 days.
Advertised rents are around the $450 mark per week – giving a return of 2.93% based on the median price in Suburb
Information supplied by:
Median House Price: $1,475,000
Current Yield (houses): 2.8%
Average annual growth (houses): 8.2%
Median Unit Price: $710k
Current Yield (units): 3.8%
Average annual growth (units): 6.6%
Tucked comfortably to Sydney’s CBD, Dulwich Hill is making impressive strides, with house values tracking an annual growth rate of 8.2%.
Director of Metropole Property Strategists, Michael Yardney, says that the suburb has a vibrant village feel with peaceful tree-lined streets on offer.
“Being connected to the CBD by light rail, it is hugely popular with young professional couples looking to reside in inner city living, closer to all amenities,” Yardney shares.
“Property investors and home buyers in Dulwich Hill usually go for one and two bedroom apartments, especially with district views in smaller boutique blocks.”