Over the last year, property investments in Condell Park, 2200 have given investors a capital gain of 2.49%. This compares badly with the 6.38% for NSW as a whole.
When looking at the potential capital gains offered to property investors over the last 3 years, Condell Park comes in at number 662th 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 -8.98% is being offered, which puts this NSW suburb at 533th most discounted overall in Australia.
Often selling an investment property can take time, and in Condell Park the average time real estate has been on the market is 115.14 days.
Renters in Suburb are facing rents around $6240 per annum or $520 every week.
Giving property investors a a stable capital gain of 8.09% for the last year, Condell Park, 2200 is the 493th highest performer in Australia in this respect.
A 75.85% growth in median value for property investors in Condell Park,2200 puts this suburb at number 232th in terms of best performing suburbs in NSW
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.
A $520 per week rent on the median house gives suburb investors a gross yield of circa 3.76%, without taking into account capital value appreciation, which has been averaging out at 8.85%.