Property value increases in Condell Park have tracked close to the NSW average of 8.99% over the last 12 months.
When looking at the potential capital gains offered to property investors over the last 3 years, Condell Park comes in at number 686th in NSW.
Property buyers and investors in Condell Park 2200 should be seeing an average reduction in asking price of around -8.03% . This means that Condell Park is holding prices well when compared to other suburbs in NSW.
Using the current median advertised rental of $518 and the average annual increase in value of a median property of 7.40%, investors should hope to achieve an overall return of 3.11%
Investment property in Condell Park has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 10.95%
Across a shorter period, Condell Park, 2200 has seen a median price increase of 1.75% over the last quarter.
Condell Park2200 is located in NSW which offers an average discount of -4.45% to property investors. Condell Park itself is showing figures that indicate -5.63% is the average achievable by property buyers investing in the suburb.
Often selling an investment property can take time, and in Condell Park the average time real estate has been on the market is 75.84 days.
A $490 per week rent on the median house gives suburb investors a gross yield of circa 3.65%, without taking into account capital value appreciation, which has been averaging out at 7.38%.