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 7.49%
Across a shorter period, East Corrimal, 2518 has seen a median price increase of 3.33% over the last quarter.
Our latest figures would indicate that property sellers in East Corrimal are currently offering property investors an average price cut of -1.17% below the asking price at the moment.
In the last year 35 properties changed hands in East Corrimal, which puts it as the 864th most active market in NSW when comparing the number of sales per suburb.
East Corrimal is in the bottom 30% in NSW when comparing median price capital growth over the last year. East Corrimal gave property investors a disappointing capital gain figure when compared to the rest of the state, with 0.00%.
East Corrimal,2518 has offered an average of 0.00% return per annum in house price rises to property investors over the last three years.
Property investors looking for a bargain in East Corrimal should be aiming for at least -8.13% off the asking price, which is the average vendor discount being achieved at the moment.
On average over the past year, suburb has had 2.92 sales per month, which equates to 35 per year.
Property investors should expect to get $360 weekly from the median priced house in this suburb.