At number 2000th 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 5.00% recorded in median house prices.
While Carlingford,2118 ranked number 801th in NSW for increase in median house value (annualised) increase, it is ranked 76th over the last 5 years.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.49% offered to property buyers. Sellers in Carlingford itself are offering an average vendor discount of -6.56% to real estate investors.
Situated 17.52km from the CBD, Carlingford is one of The Hills Shire localities in the postcode 2118.
Property investors who have had real estate in Carlingford, 2118 should be relatively unhappy with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -4.00%
Over the longer term, Carlingford has seen property prices show investors a 27.43% return over the last 3 years. This is worse than over the last 12 months
Our latest figures would indicate that property sellers in Carlingford are currently offering property investors an average price cut of -4.81% below the asking price at the moment.
With the median price for a house in Carlingford being $720000 and the advertised rent reaching $530 the gross rental yield for property investors calculates out to be 3.83%