Over the last year, property investments in Carramar, 2163 have given investors a capital gain of -3.23%. This compares very badly with the 8.26% for NSW as a whole.
Carramar,2163 was ranked 1426 in Australia by increase in median property value over the quarter.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Carramar, 2163. Typically our figures indicate that -9.11% is being offered, which puts this NSW suburb at 519th most discounted overall in Australia.
Using the current median advertised rental of $400 and the average annual increase in value of a median property of 9.43%, investors should hope to achieve an overall return of 3.05%
Over the last year, property investments in Carramar, 2163 have given investors a capital gain of -3.66%. This compares very badly with the 6.07% for NSW as a whole.
If we look at median property appreciation over just the last three months, Carramar has given property investors a paper return of -1.39%. This puts Suburb as 470 on a list of fastest fasting appreciating suburbs in NSW
Property buyers and investors in Carramar 2163 should be seeing an average reduction in asking price of around -5.28% . This means that Carramar is holding prices well when compared to other suburbs in NSW.
In the last year 39 properties changed hands in Carramar, which puts it as the 324th most active market in NSW when comparing the number of sales per suburb.
Renters in Suburb are facing rents around $3840 per annum or $320 every week.