Property investors who have had real estate in East Corrimal, 2518 should be relatively 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 7.91%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in East Corrimal has increased when compared to the 5 year average annual rate.
East Corrimal2518 is located in NSW which offers an average discount of -5.52% to property investors. East Corrimal itself is showing figures that indicate -2.86% is the average achievable by property buyers investing in the suburb.
Residents and property investors in East Corrimal have been waiting around 72.25 days to sell a property.
Over the last year, property investments in East Corrimal, 2518 have given investors a capital gain of 14.18%. This compares favourably with the 8.14% for NSW as a whole.
A 29.02% growth in median value for property investors in East Corrimal,2518 puts this suburb at number 425th in terms of best performing suburbs in NSW
Vendor discounting in East Corrimal is giving property investors an average Vendor Discount of around -6.89%. This puts suburb at number 28th in NSW when ranking the most discounted suburbs.
Advertised rents are around the $350 mark per week – giving a return of 4.37% based on the median price in Suburb