Property value increases in Condell Park have tracked close to the NSW average of 11.06% over the last 12 months.
A 75.98% growth in median value for property investors in Condell Park,2200 puts this suburb at number 1005th in terms of best performing suburbs in NSW
Sellers are offering property buyers an average discount of -7.18% to buyers in Condell Park at the moment, which is less than average for the rest of NSW.
Renters in Suburb are facing rents around $6600 per annum or $550 every week.
With a capital gain of 0.00% for the last 12 months, Condell Park, 2200 has performed for property investments than its average annual 8.04% property growth over the last 5 years.
Taking the average capital gain, or increase in median house value, Condell Park,2200 has racked up an average of 0.00% over the period. This ranks it number 464th in the whole country for real estate investors looking at median house price increases.
Vendor discounting in Condell Park is giving property investors an average Vendor Discount of around -3.95%. This puts suburb at number 228th in NSW when ranking the most discounted suburbs.
Often selling an investment property can take time, and in Condell Park the average time real estate has been on the market is 40.81 days.
Using the current median advertised rental of $580 and the average annual increase in value of a median property of 8.04%, investors should hope to achieve an overall return of 4.25%