If you compare the increase in value of investment property in Castlecrag, 2068 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 15.82%.
If we look at median property appreciation over just the last three months, Castlecrag has given property investors a paper return of 12.50%. This puts Suburb as 66 on a list of fastest fasting appreciating suburbs in NSW
Property investors looking for a bargain in Castlecrag should be aiming for at least -9.58% off the asking price, which is the average vendor discount being achieved at the moment.
Castlecrag, 2068’s gross rental yield is 2.10%