Karabar has had a quite poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of 3.34% to date .
A 7.87% growth in median value for property investors in Karabar,2620 puts this suburb at number 1202th in terms of best performing suburbs in NSW
Sellers are offering property buyers an average discount of -3.65% to buyers in Karabar at the moment, which is less than average for the rest of NSW.
In the last year 125 properties changed hands in Karabar, which puts it as the 194th most active market in NSW when comparing the number of sales per suburb.
With the median price for a house in Karabar being $480000 and the advertised rent reaching $425 the gross rental yield for property investors calculates out to be 4.60%
Investment property in Karabar has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 11.18%
Over the longer term, Karabar has seen property prices show investors a 14.37% return over the last 3 years. This is worse than over the last 12 months
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Karabar, 2620. Typically our figures indicate that -3.40% is being offered, which puts this NSW suburb at 1236th most discounted overall in Australia.
At number 892 in a list of fastest selling suburbs, Karabar is just in the bottom half of suburbs in Australia with an average of days on market 85 for properties listed there.
Karabar is 183th on a list of best yielding suburbs for rents in NSW with a 4.47% return