Concord has had a pretty average year for property investment returns compared to the rest of NSW, giving investors a capital gain of 7.72% to date .
A 81.53% growth in median value for property investors in Concord,2137 puts this suburb at number 418th in terms of best performing suburbs in NSW
Concord, 2137 is offering NSW ‘s 40th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 10% of discounts offered by this NSW.
On average over the past year, suburb has had 10.83 sales per month, which equates to 130 per year.
A $690 per week rent on the median house gives suburb investors a gross yield of circa 1.83%, without taking into account capital value appreciation, which has been averaging out at 9.85%.
Investment property in Concord has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 10.00%
When looking at the potential capital gains offered to property investors over the last 3 years, Concord comes in at number 144th in NSW.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.42% offered to property buyers. Sellers in Concord itself are offering an average vendor discount of -5.97% to real estate investors.