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 13.52%
If we look at median property appreciation over just the last three months, Caringbah has given property investors a paper return of 10.45%. This puts Suburb as 72 on a list of fastest fasting appreciating suburbs in NSW
Caringbah2229 is located in NSW which offers an average discount of -5.50% to property investors. Caringbah itself is showing figures that indicate -2.84% is the average achievable by property buyers investing in the suburb.
The NSW suburb of Caringbah, 2229 is in the Sutherland Shire local government area.
Caringbah, 2229 ranked 170th in NSW when comparing growth in median property values or capital gain over the last 12 months. Caringbah is one of 3163 in our list for NSW
Taking the average capital gain, or increase in median house value, Caringbah,2229 has racked up an average of 9.90% over the period. This ranks it number 159th in the whole country for real estate investors looking at median house price increases.
At number 326th of NSW’s most discounted properties, Caringbah is in the TOP 40% of the state/territory when listing in order of most discounted to least.
In the last year 274 properties changed hands in Caringbah, which puts it as the 27th most active market in NSW when comparing the number of sales per suburb.
Renters in Suburb are facing rents around $5880 per annum or $490 every week.