NSW has seen average median house prices change by 8.26% which means that Cabarita, 2137 has done well for property investors by showing a capital gain of -4.49% over the last year
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Cabarita has increased when compared to the 5 year average annual rate.
Cabarita2137 is located in NSW which offers an average discount of -5.49% to property investors. Cabarita itself is showing figures that indicate -7.12% is the average achievable by property buyers investing in the suburb.
On average over the past year, suburb has had 1.58 sales per month, which equates to 19 per year.
Using the current median advertised rental of $800 and the average annual increase in value of a median property of 9.02%, investors should hope to achieve an overall return of 1.63%
Giving property investors a a stable capital gain of 11.09% for the last year, Cabarita, 2137 is the 352th highest performer in Australia in this respect.
Cabarita,2137 was ranked 1289 in Australia by increase in median property value over the quarter.
Cabarita, 2137’s gross rental yield is 2.97%