Carrington has had a A very good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 26.09% to date .
A 65.73% growth in median value for property investors in Carrington,2294 puts this suburb at number 169th in terms of best performing suburbs in NSW
Vendor discounting in Carrington is giving property investors an average Vendor Discount of around -16.69%. This puts suburb at number 4th in NSW when ranking the most discounted suburbs.
In the last year 48 properties changed hands in Carrington, which puts it as the 686th most active market in NSW when comparing the number of sales per suburb.
With a capital gain of 8.18% for the last 12 months, Carrington, 2294 has performed for property investments than its average annual 5.36% property growth over the last 5 years.
Taking the average capital gain, or increase in median house value, Carrington,2294 has racked up an average of 8.18% over the period. This ranks it number 347th in the whole country for real estate investors looking at median house price increases.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.16% offered to property buyers. Sellers in Carrington itself are offering an average vendor discount of -1.40% to real estate investors.
The NSW suburb of Carrington, 2294 is in the Newcastle local government area.