Giving property investors a an unimpressive capital gain of 1.09% for the last year, Carrington, 2294 is the 2738th 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 0.54%. This puts Suburb as 764 on a list of fastest fasting appreciating suburbs in NSW
At number 396th of NSW’s most discounted properties, Carrington is in the bottom 40% of the state/territory when listing in order of most discounted to least.
A $400 per week rent on the median house gives suburb investors a gross yield of circa 4.47%, without taking into account capital value appreciation, which has been averaging out at 6.13%.
Property investors who have had real estate in Carrington, 2294 should be ok with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 2.42%
Carrington,2294 has offered an average of 2.42% return per annum in house price rises to property investors over the last three years.
Sellers are offering property buyers an average discount of -2.09% to buyers in Carrington at the moment, which is less than average for the rest of NSW.
Carrington, 2294’s gross rental yield is 4.21%