At number 904th in the list of Australian suburbs ordered by increase in median house value over the last year, Carramar, 2163 is in the top 30% with a property value increase of 11.60% recorded in median house prices.
Carramar,2163 was ranked 3733 in Australia by increase in median property value over the quarter.
Property investors should expect to get $400 weekly from the median priced house in this suburb.
Property value increases in Carramar have tracked higher than the NSW average of 6.92% over the last 12 months.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Carramar has increased when compared to the 5 year average annual rate.
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 Carramar itself are offering an average vendor discount of -6.08% to real estate investors.
Residents and property investors in Carramar have been waiting around 65.37 days to sell a property.
Carramar is 276th on a list of best yielding suburbs for rents in NSW with a 4.24% return