Caringbah has had a A very good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 27.03% to date .
Over the longer term, Caringbah has seen property prices show investors a 56.67% return over the last 3 years. This is worse than over the last 12 months
Vendor discounting in Caringbah is giving property investors an average Vendor Discount of around -6.63%. This puts suburb at number 232th in NSW when ranking the most discounted suburbs.
On average over the past year, suburb has had 8.33 sales per month, which equates to 100 per year.
Property investors should expect to get $690 weekly from the median priced house in this suburb.
With a capital gain of 5.26% for the last 12 months, Caringbah, 2229 has performed for property investments than its average annual 7.24% property growth over the last 5 years.
Comparing Caringbah,2229 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
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, 2229. Typically our figures indicate that -3.60% is being offered, which puts this NSW suburb at 1123th most discounted overall in Australia.
On average over the past year, suburb has had 26.42 sales per month, which equates to 317 per year.