If you compare the increase in value of investment property in Castlereagh, 2749 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 15.09%.
Across a shorter period, Castlereagh, 2749 has seen a median price increase of 1.67% over the last quarter.
Sellers are offering property buyers an average discount of -8.39% to buyers in Castlereagh at the moment, which is less than average for the rest of NSW.
On average over the past year, suburb has had 1.25 sales per month, which equates to 15 per year.
Advertised rents are around the $595 mark per week – giving a return of 2.03% based on the median price in Suburb