With a capital gain of 23.53% for the last 12 months, Concord West, 2138 has performed for property investments than its average annual 11.97% property growth over the last 5 years.
The five-year average increase in median property values for Concord West,2138 has given property investors a potential capital gain of 111.06% across each of those five years.
Concord West, 2138 is offering NSW ‘s 222th 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.
In the last year 60 properties changed hands in Concord West, which puts it as the 555th most active market in NSW when comparing the number of sales per suburb.
A $700 per week rent on the median house gives suburb investors a gross yield of circa 1.73%, without taking into account capital value appreciation, which has been averaging out at 11.97%.
Property investors who have had real estate in Concord West, 2138 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 25.33%
When looking at the potential capital gains offered to property investors over the last 3 years, Concord West comes in at number 14th in NSW.
In the last year 14 properties changed hands in Concord West, which puts it as the 530th most active market in NSW when comparing the number of sales per suburb.