At number 1669th in the list of Australian suburbs ordered by increase in median house value over the last year, Cambridge Park, 2747 is in the top half with a property value increase of 6.92% recorded in median house prices.
Taking the average capital gain, or increase in median house value, Cambridge Park,2747 has racked up an average of 6.92% over the period. This ranks it number 167th in the whole country for real estate investors looking at median house price increases.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.55% offered to property buyers. Sellers in Cambridge Park itself are offering an average vendor discount of -4.45% to real estate investors.
Advertised rents are around the $405 mark per week – giving a return of 3.79% based on the median price in Suburb
Giving property investors a an unimpressive capital gain of 0.89% for the last year, Cambridge Park, 2747 is the 1068th highest performer in Australia in this respect.
If we look at median property appreciation over just the last three months, Cambridge Park has given property investors a paper return of -1.30%. This puts Suburb as 391 on a list of fastest fasting appreciating suburbs in NSW
Our latest figures would indicate that property sellers in Cambridge Park are currently offering property investors an average price cut of -4.74% below the asking price at the moment.
Cambridge Park is 210th on a list of best yielding suburbs for rents in NSW with a 4.47% return