With a capital gain of 7.61% for the last 12 months, Caringbah South, 2229 has performed for property investments than its average annual 7.66% property growth over the last 5 years.
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.
Sellers are offering property buyers an average discount of -6.09% to buyers in Caringbah South at the moment, which is less than average for the rest of NSW.
Renters in Suburb are facing rents around $9600 per annum or $800 every week.
Property value increases in Caringbah South have tracked higher than the NSW average of 5.73% over the last 12 months.
A 77.58% growth in median value for property investors in Caringbah South,2229 puts this suburb at number 479th in terms of best performing suburbs in NSW
Vendor discounting in Caringbah South is giving property investors an average Vendor Discount of around -4.53%. This puts suburb at number 203th in NSW when ranking the most discounted suburbs.