At number 1058th in the list of Australian suburbs ordered by increase in median house value over the last year, Carlingford, 2118 is in the top 30% with a property value increase of 10.42% recorded in median house prices.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Carlingford has increased when compared to the 5 year average annual rate.
Our latest figures would indicate that property sellers in Carlingford are currently offering property investors an average price cut of -7.63% below the asking price at the moment.
Carlingford, 2118’s gross rental yield is 2.32%
With a capital gain of 2.62% for the last 12 months, Carlingford, 2118 has performed for property investments than its average annual 6.61% property growth over the last 5 years.
If we look at median property appreciation over just the last three months, Carlingford has given property investors a paper return of 0.88%. This puts Suburb as 226 on a list of fastest fasting appreciating suburbs in NSW
Vendor discounting in Carlingford is giving property investors an average Vendor Discount of around -4.50%. This puts suburb at number 214th in NSW when ranking the most discounted suburbs.