Condell Park, 2200 ranked 709th in NSW when comparing growth in median property values or capital gain over the last 12 months. Condell Park is one of 3163 in our list for NSW
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Condell Park has increased when compared to the 5 year average annual rate.
LACK OF BUYER INTEREST may well be the reason that Condell Park is offering property investors an average of -5.45. This rate of discount on properties puts Suburb at number 120th in terms of most discounted suburbs in NSW
Over the last year, property investments in Condell Park, 2200 have given investors a capital gain of -0.49%. This compares badly with the 6.22% for NSW as a whole.
The five-year average increase in median property values for Condell Park,2200 has given property investors a potential capital gain of 71.71% across each of those five years.
Property buyers and investors in Condell Park 2200 should be seeing an average reduction in asking price of around -3.93% . This means that Condell Park is holding prices well when compared to other suburbs in NSW.
Residents and property investors in Condell Park have been waiting around 45.44 days to sell a property.
Using the current median advertised rental of $575 and the average annual increase in value of a median property of 7.79%, investors should hope to achieve an overall return of 4.25%