At number 1858th in the list of Australian suburbs ordered by increase in median house value over the last year, Karabar, 2620 is in the top half with a property value increase of 5.63% recorded in median house prices.
Taking the average capital gain, or increase in median house value, Karabar,2620 has racked up an average of 5.63% over the period. This ranks it number 2664th in the whole country for real estate investors looking at median house price increases.
Property investors looking for a bargain in Karabar should be aiming for at least -3.98% off the asking price, which is the average vendor discount being achieved at the moment.
A $425 per week rent on the median house gives suburb investors a gross yield of circa 4.57%, without taking into account capital value appreciation, which has been averaging out at 3.76%.
Karabar has had a pretty good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 13.24% to date .
If we look at median property appreciation over just the last three months, Karabar has given property investors a paper return of 4.05%. This puts Suburb as 115 on a list of fastest fasting appreciating suburbs in NSW
Sellers are offering property buyers an average discount of -3.32% to buyers in Karabar at the moment, which is less than average for the rest of NSW.
A $330 per week rent on the median house gives suburb investors a gross yield of circa 4.46%, without taking into account capital value appreciation, which has been averaging out at 4.71%.