At number 2826th in the list of Australian suburbs ordered by increase in median house value over the last year, Carrington, 2294 is in the BOTTOM 40% with a property value increase of 0.54% recorded in median house prices.
Across a shorter period, Carrington, 2294 has seen a median price increase of -0.54% over the last quarter.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Carrington, 2294. Typically our figures indicate that -6.15% is being offered, which puts this NSW suburb at 1717th most discounted overall in Australia.
Renters in Suburb are facing rents around $4740 per annum or $395 every week.
NSW has seen average median house prices change by 8.14% which means that Carrington, 2294 has done well for property investors by showing a capital gain of 0.92% over the last year
Property investors looking for a bargain in Carrington should be aiming for at least -2.09% off the asking price, which is the average vendor discount being achieved at the moment.
The NSW suburb of Carrington, 2294 is in the Newcastle local government area.