Over the last year, property investments in Currarong, 2540 have given investors a capital gain of 14.94%. This compares very favourably with the 7.15% for NSW as a whole.
Over the longer term, Currarong has seen property prices show investors a 16.91% return over the last 3 years. This is worse than over the last 12 months
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.53% offered to property buyers. Sellers in Currarong itself are offering an average vendor discount of -4.69% to real estate investors.
Using the current median advertised rental of $275 and the average annual increase in value of a median property of 1.99%, investors should hope to achieve an overall return of 2.80%