With a capital gain of 15.03% for the last 12 months, Cringila, 2502 has performed for property investments than its average annual 9.03% property growth over the last 5 years.
A 67.94% growth in median value for property investors in Cringila,2502 puts this suburb at number 354th in terms of best performing suburbs in NSW
Property investors looking for a bargain in Cringila should be aiming for at least -6.06% off the asking price, which is the average vendor discount being achieved at the moment.
On average over the past year, suburb has had 2.00 sales per month, which equates to 24 per year.
A $365 per week rent on the median house gives suburb investors a gross yield of circa 4.31%, without taking into account capital value appreciation, which has been averaging out at 9.03%.