Property investors who have had real estate in Caringbah South, 2229 should be relatively pleased 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 10.00%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Caringbah South has increased when compared to the 5 year average annual rate.
Property investors looking for a bargain in Caringbah South should be aiming for at least -6.38% off the asking price, which is the average vendor discount being achieved at the moment.
Residents and property investors in Caringbah South have been waiting around 58.69 days to sell a property.
NSW has seen average median house prices change by 6.22% which means that Caringbah South, 2229 has done well for property investors by showing a capital gain of 12.95% over the last year
While Caringbah South,2229 ranked number 220th in NSW for increase in median house value (annualised) increase, it is ranked 31th over the last 5 years.
Caringbah South, 2229 is offering NSW ‘s 372th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 20% of discounts offered by this NSW.
At number 198 in a list of fastest selling suburbs, Caringbah South is in the TOP 20% of suburbs in Australia with an average of days on market 45.95 for properties listed there.
The NSW suburb of Caringbah South, 2229 is in the Sutherland Shire local government area.