Caringbah is an average performer in NSW when comparing median price capital growth over the last year. Caringbah gave property investors a average capital gain figure when compared to the rest of the state, with 10.34%.
The five-year average increase in median property values for Caringbah,2229 has given property investors a potential capital gain of 53.37% across each of those five years.
At number 1196th of NSW’s most discounted properties, Caringbah is in the TOP 10% of the state/territory when listing in order of most discounted to least.
Caringbah, 2229’s gross rental yield is 3.05%
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 10.83%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Caringbah has increased when compared to the 5 year average annual rate.
Our latest figures would indicate that property sellers in Caringbah are currently offering property investors an average price cut of -3.27% below the asking price at the moment.
Advertised rents are around the $460 mark per week – giving a return of 3.62% based on the median price in Suburb