Investment property in Concord West 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 0.58%
If we look at median property appreciation over just the last three months, Concord West has given property investors a paper return of 1.17%. This puts Suburb as 756 on a list of fastest fasting appreciating suburbs in NSW
Concord West, 2138 is offering NSW ‘s 204th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 20% of discounts offered by this NSW.
Advertised rents are around the $700 mark per week – giving a return of 2.10% based on the median price in Suburb
Giving property investors a an unimpressive capital gain of -2.27% for the last year, Concord West, 2138 is the 1270th highest performer in Australia in this respect.
Taking the average capital gain, or increase in median house value, Concord West,2138 has racked up an average of -2.27% over the period. This ranks it number 13th in the whole country for real estate investors looking at median house price increases.
At number 28th of NSW’s most discounted properties, Concord West is in the bottom 10% of the state/territory when listing in order of most discounted to least.
On average over the past year, suburb has had 2.25 sales per month, which equates to 27 per year.