Giving property investors a a solid capital gain of 13.51% for the last year, Carrington, 2294 is the 694th highest performer in Australia in this respect.
Carrington,2294 was ranked 542 in Australia by increase in median property value over the quarter.
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 Carrington itself are offering an average vendor discount of -11.16% to real estate investors.
Renters in Suburb are facing rents around $5040 per annum or $420 every week.
Giving property investors a a stable capital gain of 7.65% for the last year, Carrington, 2294 is the 523th highest performer in Australia in this respect.
If we look at median property appreciation over just the last three months, Carrington has given property investors a paper return of 2.69%. This puts Suburb as 186 on a list of fastest fasting appreciating suburbs in NSW
The most recent median price for Carrington is $592000, with sellers offering an average of -1.26% off the asking price.
With the median price for a house in Carrington being $592000 and the advertised rent reaching $495 the gross rental yield for property investors calculates out to be 4.35%