With a capital gain of 12.84% for the last 12 months, Caringbah South, 2229 has performed for property investments than its average annual 8.17% property growth over the last 5 years.
Caringbah South,2229 was ranked 595 in Australia by increase in median property value over the quarter.
Vendor discounting in Caringbah South is giving property investors an average Vendor Discount of around -7.29%. This puts suburb at number 205th in NSW when ranking the most discounted suburbs.
Caringbah South, 2229 ranked 54th in NSW when comparing growth in median property values or capital gain over the last 12 months. Caringbah South is one of 3163 in our list for NSW
If we look at median property appreciation over just the last three months, Caringbah South has given property investors a paper return of 0.41%. This puts Suburb as 354 on a list of fastest fasting appreciating suburbs in NSW
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.33% offered to property buyers. Sellers in Caringbah South itself are offering an average vendor discount of -3.10% to real estate investors.
In the last year 82 properties changed hands in Caringbah South, which puts it as the 196th most active market in NSW when comparing the number of sales per suburb.
Caringbah South is 544th on a list of best yielding suburbs for rents in NSW with a 2.94% return