At number 1730th in the list of Australian suburbs ordered by increase in median house value over the last year, Carlingford, 2118 is in the top half with a property value increase of 7.08% recorded in median house prices.
If we look at median property appreciation over just the last three months, Carlingford has given property investors a paper return of -0.19%. This puts Suburb as 919 on a list of fastest fasting appreciating suburbs in NSW
Carlingford, 2118 is offering NSW ‘s 167th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 20% of discounts offered by this NSW.
Often selling an investment property can take time, and in Carlingford the average time real estate has been on the market is 63.29 days.
Using the current median advertised rental of $590 and the average annual increase in value of a median property of 8.92%, investors should hope to achieve an overall return of 2.39%
If you compare the increase in value of investment property in Carlingford, 2118 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this NSW suburb was 4.90%.
The five-year average increase in median property values for Carlingford,2118 has given property investors a potential capital gain of 44.23% across each of those five years.
LACK OF BUYER INTEREST may well be the reason that Carlingford is offering property investors an average of -4.45. This rate of discount on properties puts Suburb at number 227th in terms of most discounted suburbs in NSW
On average over the past year, suburb has had 10.92 sales per month, which equates to 131 per year.
Advertised rents are around the $530 mark per week – giving a return of 3.67% based on the median price in Suburb