At number 995th in the list of Australian suburbs ordered by increase in median house value over the last year, Carrington, 2294 is in the top 30% with a property value increase of 10.75% recorded in median house prices.
The five-year average increase in median property values for Carrington,2294 has given property investors a potential capital gain of 48.31% across each of those five years.
Carrington2294 is located in NSW which offers an average discount of -5.49% to property investors. Carrington itself is showing figures that indicate -9.94% is the average achievable by property buyers investing in the suburb.
In the last year 44 properties changed hands in Carrington, which puts it as the 724th most active market in NSW when comparing the number of sales per suburb.
Carrington is 413th on a list of best yielding suburbs for rents in NSW with a 4.24% return
Giving property investors a a solid capital gain of 13.59% for the last year, Carrington, 2294 is the 252th highest performer in Australia in this respect.
The five-year average increase in median property values for Carrington,2294 has given property investors a potential capital gain of 31.89% across each of those five years.
At number 462th of NSW’s most discounted properties, Carrington is in the TOP 10% of the state/territory when listing in order of most discounted to least.
A $480 per week rent on the median house gives suburb investors a gross yield of circa 4.09%, without taking into account capital value appreciation, which has been averaging out at 7.17%.