East Corrimal is in the TOP 10% in NSW when comparing median price capital growth over the last year. East Corrimal gave property investors a very good capital gain figure when compared to the rest of the state, with 26.12%.
While East Corrimal,2518 ranked number 26th in NSW for increase in median house value (annualised) increase, it is ranked 489th over the last 5 years.
Sellers are offering property buyers an average discount of 0.00% to buyers in East Corrimal at the moment, which is less than average for the rest of NSW.
East Corrimal is 959th on a list of best yielding suburbs for rents in NSW with a 2.67% return
Property investors who have had real estate in East Corrimal, 2518 should be ok 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 3.02%
While East Corrimal,2518 ranked number 364th in NSW for increase in median house value (annualised) increase, it is ranked 201th over the last 5 years.
LACK OF BUYER INTEREST may well be the reason that East Corrimal is offering property investors an average of -4.23. This rate of discount on properties puts Suburb at number 395th in terms of most discounted suburbs in NSW
A $355 per week rent on the median house gives suburb investors a gross yield of circa 4.17%, without taking into account capital value appreciation, which has been averaging out at 7.96%.