Property investors who have had real estate in Coniston, 2500 should be pleased 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 15.41%
Coniston,2500 has offered an average of 15.41% return per annum in house price rises to property investors over the last three years.
Property investors should expect to get $455 weekly from the median priced house in this suburb.
If you compare the increase in value of investment property in Coniston, 2500 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 9.54%.
If we look at median property appreciation over just the last three months, Coniston has given property investors a paper return of 17.01%. This puts Suburb as 15 on a list of fastest fasting appreciating suburbs in NSW
Our latest figures would indicate that property sellers in Coniston are currently offering property investors an average price cut of -4.11% below the asking price at the moment.
In the last year 32 properties changed hands in Coniston, which puts it as the 365th most active market in NSW when comparing the number of sales per suburb.
Coniston, 2500’s gross rental yield is 4.35%