Concord, 2137 ranked 476th in NSW when comparing growth in median property values or capital gain over the last 12 months. Concord is one of 3163 in our list for NSW
Comparing Concord,2137 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Our latest figures would indicate that property sellers in Concord are currently offering property investors an average price cut of -9.03% below the asking price at the moment.
Residents and property investors in Concord have been waiting around 79.62 days to sell a property.
With the median price for a house in Concord being $1922500 and the advertised rent reaching $695 the gross rental yield for property investors calculates out to be 1.88%
Investment property in Concord has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -3.64%
While Concord,2137 ranked number 419th in NSW for increase in median house value (annualised) increase, it is ranked 331th over the last 5 years.
Sellers are offering property buyers an average discount of -5.65% to buyers in Concord at the moment, which is less than average for the rest of NSW.
Property investors should expect to get $520 weekly from the median priced house in this suburb.