NSW has seen average median house prices change by 6.87% which means that Condell Park, 2200 has done well for property investors by showing a capital gain of 3.48% over the last year
A 55.84% growth in median value for property investors in Condell Park,2200 puts this suburb at number 732th in terms of best performing suburbs in NSW
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 Condell Park, 2200. Typically our figures indicate that -8.48% is being offered, which puts this NSW suburb at 663th most discounted overall in Australia.
NSW has seen average median house prices change by 5.41% which means that Condell Park, 2200 has done well for property investors by showing a capital gain of 7.89% over the last year
Over the longer term, Condell Park has seen property prices show investors a 45.21% return over the last 3 years. This is worse than over the last 12 months
Property investors looking for a bargain in Condell Park should be aiming for at least -4.10% off the asking price, which is the average vendor discount being achieved at the moment.
Using the current median advertised rental of $550 and the average annual increase in value of a median property of 7.84%, investors should hope to achieve an overall return of 3.98%