Investment property in Caringbah has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 19.95%
Caringbah,2229 has offered an average of 19.95% return per annum in house price rises to property investors over the last three years.
Vendor discounting in Caringbah is giving property investors an average Vendor Discount of around -2.84%. This puts suburb at number 1148th in NSW when ranking the most discounted suburbs.
Situated 19.93km from the CBD, Caringbah is one of Sutherland Shire localities in the postcode 2229.
Property investors who have had real estate in Caringbah, 2229 should be relatively pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 5.55%
Over the longer term, Caringbah has seen property prices show investors a 38.14% return over the last 3 years. This is worse than over the last 12 months
The most recent median price for Caringbah is $670000, with sellers offering an average of -3.39% off the asking price.
Property investors should expect to get $490 weekly from the median priced house in this suburb.