Property investors who have had real estate in Condell Park, 2200 should be ok with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 3.35%
Taking the average capital gain, or increase in median house value, Condell Park,2200 has racked up an average of 3.35% over the period. This ranks it number 871th in the whole country for real estate investors looking at median house price increases.
Condell Park2200 is located in NSW which offers an average discount of -5.49% to property investors. Condell Park itself is showing figures that indicate -8.57% is the average achievable by property buyers investing in the suburb.
Using the current median advertised rental of $520 and the average annual increase in value of a median property of 7.71%, investors should hope to achieve an overall return of 3.08%
Condell Park has had a pretty average year for property investment returns compared to the rest of NSW, giving investors a capital gain of 6.34% to date .
Condell Park,2200 has offered an average of 6.34% return per annum in house price rises to property investors over the last three years.
Property buyers and investors in Condell Park 2200 should be seeing an average reduction in asking price of around -4.12% . This means that Condell Park is holding prices well when compared to other suburbs in NSW.
Often selling an investment property can take time, and in Condell Park the average time real estate has been on the market is 55 days.