Over the last year, property investments in Kareela, 2232 have given investors a capital gain of 6.59%. This compares averagely with the 6.87% for NSW as a whole.
Over the longer term, Kareela has seen property prices show investors a 48.42% return over the last 3 years. This is worse than over the last 12 months
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.49% offered to property buyers. Sellers in Kareela itself are offering an average vendor discount of -14.77% to real estate investors.
A $690 per week rent on the median house gives suburb investors a gross yield of circa 3.06%, without taking into account capital value appreciation, which has been averaging out at 6.23%.