Property investors who have had real estate in Concord, 2137 should be relatively pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 12.90%
Concord,2137 has offered an average of 12.90% return per annum in house price rises to property investors over the last three years.
Concord2137 is located in NSW which offers an average discount of -5.28% to property investors. Concord itself is showing figures that indicate -7.83% is the average achievable by property buyers investing in the suburb.
Residents and property investors in Concord have been waiting around 84.63 days to sell a property.
Using the current median advertised rental of $740 and the average annual increase in value of a median property of 10.47%, investors should hope to achieve an overall return of 1.83%
Investment property in Concord has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 21.54%
When looking at the potential capital gains offered to property investors over the last 3 years, Concord comes in at number 119th in NSW.
Concord, 2137 is offering NSW ‘s 253th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this NSW.
Situated 9.06km from the CBD, Concord is one of Canada Bay localities in the postcode 2137.