If you compare the increase in value of investment property in Cartwright, 2168 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 14.91%.
While Cartwright,2168 ranked number 181th in NSW for increase in median house value (annualised) increase, it is ranked 15th over the last 5 years.
Our latest figures would indicate that property sellers in Cartwright are currently offering property investors an average price cut of -10.69% below the asking price at the moment.
Often selling an investment property can take time, and in Cartwright the average time real estate has been on the market is 86.73 days.
A $410 per week rent on the median house gives suburb investors a gross yield of circa 3.25%, without taking into account capital value appreciation, which has been averaging out at 11.54%.