With a capital gain of 11.40% for the last 12 months, Corlette, 2315 has performed for property investments than its average annual 3.98% property growth over the last 5 years.
Comparing Corlette,2315 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Our latest figures would indicate that property sellers in Corlette are currently offering property investors an average price cut of -4.47% below the asking price at the moment.
A $472.5 per week rent on the median house gives suburb investors a gross yield of circa 3.81%, without taking into account capital value appreciation, which has been averaging out at 3.98%.
Property value increases in Corlette have tracked just higher than the NSW average of 5.88% over the last 12 months.
Corlette,2315 has offered an average of 12.24% return per annum in house price rises to property investors over the last three years.
The most recent median price for Corlette is $440000, with sellers offering an average of -3.06% off the asking price.
On average over the past year, suburb has had 1.42 sales per month, which equates to 17 per year.
Renters in Suburb are facing rents around $4740 per annum or $395 every week.