With a capital gain of 42.05% for the last 12 months, Carey Bay, 2283 has performed for property investments than its average annual 12.12% property growth over the last 5 years.
Taking the average capital gain, or increase in median house value, Carey Bay,2283 has racked up an average of 42.05% over the period. This ranks it number 219th in the whole country for real estate investors looking at median house price increases.
Carey Bay2283 is located in NSW which offers an average discount of -5.22% to property investors. Carey Bay itself is showing figures that indicate -3.68% is the average achievable by property buyers investing in the suburb.
Using the current median advertised rental of $425 and the average annual increase in value of a median property of 12.12%, investors should hope to achieve an overall return of 3.54%