NSW has seen average median house prices change by 6.38% which means that Kareela, 2232 has done well for property investors by showing a capital gain of 8.03% over the last year
While Kareela,2232 ranked number 228th in NSW for increase in median house value (annualised) increase, it is ranked 452th over the last 5 years.
Property buyers and investors in Kareela 2232 should be seeing an average reduction in asking price of around -12.70% . This means that Kareela is holding prices well when compared to other suburbs in NSW.
In the last year 45 properties changed hands in Kareela, which puts it as the 703th most active market in NSW when comparing the number of sales per suburb.
Kareela, 2232’s gross rental yield is 3.05%