With a capital gain of 7.27% for the last 12 months, Caringbah South, 2229 has performed for property investments than its average annual 7.65% property growth over the last 5 years.
Over the longer term, Caringbah South has seen property prices show investors a 40.91% return over the last 3 years. This is worse than over the last 12 months
Our latest figures would indicate that property sellers in Caringbah South are currently offering property investors an average price cut of -5.80% below the asking price at the moment.
The NSW suburb of Caringbah South, 2229 is in the Sutherland Shire local government area.
Caringbah South has had a A very good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 22.75% to date .
Over the longer term, Caringbah South has seen property prices show investors a 52.96% return over the last 3 years. This is worse than over the last 12 months
Property buyers and investors in Caringbah South 2229 should be seeing an average reduction in asking price of around -4.53% . This means that Caringbah South is holding prices well when compared to other suburbs in NSW.
Residents and property investors in Caringbah South have been waiting around 45 days to sell a property.
A $675 per week rent on the median house gives suburb investors a gross yield of circa 2.86%, without taking into account capital value appreciation, which has been averaging out at 7.25%.