Over the last year, property investments in Caringbah South, 2229 have given investors a capital gain of 6.64%. This compares averagely with the 6.38% for NSW as a whole.
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.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.50% offered to property buyers. Sellers in Caringbah South itself are offering an average vendor discount of -4.66% to real estate investors.
The NSW suburb of Caringbah South, 2229 is in the Sutherland Shire local government area.
Caringbah South is in the TOP 10% in NSW when comparing median price capital growth over the last year. Caringbah South gave property investors a very good capital gain figure when compared to the rest of the state, with 21.17%.
When looking at the potential capital gains offered to property investors over the last 3 years, Caringbah South comes in at number 42th in NSW.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Caringbah South, 2229. Typically our figures indicate that -4.53% is being offered, which puts this NSW suburb at 909th most discounted overall in Australia.
In the last year 87 properties changed hands in Caringbah South, which puts it as the 170th most active market in NSW when comparing the number of sales per suburb.
Situated 15.81km from the CBD, Caringbah South is one of Sutherland Shire localities in the postcode 2229.