Property investors who have had real estate in Karabar, 2620 should be relatively unhappy 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 2.42%
Karabar,2620 was ranked 1486 in Australia by increase in median property value over the quarter.
Karabar2620 is located in NSW which offers an average discount of -5.22% to property investors. Karabar itself is showing figures that indicate -3.50% is the average achievable by property buyers investing in the suburb.
On average over the past year, suburb has had 10.50 sales per month, which equates to 126 per year.
With the median price for a house in Karabar being $486000 and the advertised rent reaching $435 the gross rental yield for property investors calculates out to be 4.65%
If you compare the increase in value of investment property in Karabar, 2620 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this NSW suburb was 3.75%.
Karabar,2620 has offered an average of 3.75% return per annum in house price rises to property investors over the last three years.
Our latest figures would indicate that property sellers in Karabar are currently offering property investors an average price cut of -3.14% below the asking price at the moment.
Residents and property investors in Karabar have been waiting around 75.96 days to sell a property.