Centennial Park has had a very poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of -37.88% to date .
In the last year 10 properties changed hands in Centennial Park, which puts it as the 1464th most active market in NSW when comparing the number of sales per suburb.
Situated 3.44km from the CBD, Centennial Park is one of Randwick localities in the postcode 2021.
Centennial Park has had a quite poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of 3.08% to date .
If we look at median property appreciation over just the last three months, Centennial Park has given property investors a paper return of 0.37%. This puts Suburb as 266 on a list of fastest fasting appreciating suburbs in NSW
Vendor discounting in Centennial Park is giving property investors an average Vendor Discount of around -7.22%. This puts suburb at number 20th in NSW when ranking the most discounted suburbs.
Using the current median advertised rental of $550 and the average annual increase in value of a median property of 6.61%, investors should hope to achieve an overall return of 4.27%