NSW has seen average median house prices change by 9.05% which means that Cambridge Park, 2747 has done well for property investors by showing a capital gain of 5.27% over the last year
Across a shorter period, Cambridge Park, 2747 has seen a median price increase of 4.80% over the last quarter.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.45% offered to property buyers. Sellers in Cambridge Park itself are offering an average vendor discount of -4.07% to real estate investors.
Renters in Suburb are facing rents around $4800 per annum or $400 every week.
Cambridge Park, 2747 ranked 154th in NSW when comparing growth in median property values or capital gain over the last 12 months. Cambridge Park is one of 3163 in our list for NSW
Cambridge Park,2747 was ranked 220 in Australia by increase in median property value over the quarter.
Property investors looking for a bargain in Cambridge Park should be aiming for at least -3.54% off the asking price, which is the average vendor discount being achieved at the moment.
At number 31 in a list of fastest selling suburbs, Cambridge Park is in the TOP 10% of suburbs in Australia with an average of days on market 27.31 for properties listed there.
Using the current median advertised rental of $395 and the average annual increase in value of a median property of 6.44%, investors should hope to achieve an overall return of 4.07%