Property investors who have had real estate in Concord, 2137 should be 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 13.55%
Concord,2137 was ranked 1965 in Australia by increase in median property value over the quarter.
Concord2137 is located in NSW which offers an average discount of -5.55% to property investors. Concord itself is showing figures that indicate -7.15% is the average achievable by property buyers investing in the suburb.
On average over the past year, suburb has had 11.83 sales per month, which equates to 142 per year.
A $650 per week rent on the median house gives suburb investors a gross yield of circa 1.81%, without taking into account capital value appreciation, which has been averaging out at 9.69%.
Concord, 2137 ranked 485th in NSW when comparing growth in median property values or capital gain over the last 12 months. Concord is one of 3162 in our list for NSW
Concord,2137 was ranked 771 in Australia by increase in median property value over the quarter.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.46% offered to property buyers. Sellers in Concord itself are offering an average vendor discount of -6.79% to real estate investors.
On average over the past year, suburb has had 4.42 sales per month, which equates to 53 per year.