Giving property investors a a stable capital gain of 9.54% for the last year, Condell Park, 2200 is the 1464th highest performer in Australia in this respect.
While Condell Park,2200 ranked number 391th in NSW for increase in median house value (annualised) increase, it is ranked 426th over the last 5 years.
Property investors looking for a bargain in Condell Park should be aiming for at least -7.62% off the asking price, which is the average vendor discount being achieved at the moment.
On average over the past year, suburb has had 9.58 sales per month, which equates to 115 per year.
Property value increases in Condell Park have tracked lower than the NSW average of 6.96% over the last 12 months.
Across a shorter period, Condell Park, 2200 has seen a median price increase of -1.41% over the last quarter.
LACK OF BUYER INTEREST may well be the reason that Condell Park is offering property investors an average of -4.23. This rate of discount on properties puts Suburb at number 219th in terms of most discounted suburbs in NSW