If you compare the increase in value of investment property in Concord West, 2138 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this NSW suburb was 4.05%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Concord West has increased when compared to the 5 year average annual rate.
Property buyers and investors in Concord West 2138 should be seeing an average reduction in asking price of around -11.15% . This means that Concord West is holding prices well when compared to other suburbs in NSW.
Property investors should expect to get $700 weekly from the median priced house in this suburb.
Giving property investors a an unimpressive capital gain of -1.18% for the last year, Concord West, 2138 is the 1212th highest performer in Australia in this respect.
Over the longer term, Concord West has seen property prices show investors a 39.77% return over the last 3 years. This is worse than over the last 12 months
Concord West2138 is located in NSW which offers an average discount of -4.41% to property investors. Concord West itself is showing figures that indicate -6.87% is the average achievable by property buyers investing in the suburb.
With the median price for a house in Concord West being $840000 and the advertised rent reaching $550 the gross rental yield for property investors calculates out to be 3.40%