Property investors who have had real estate in Concord, 2137 should be ok with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 7.89%
Taking the average capital gain, or increase in median house value, Concord,2137 has racked up an average of 7.89% over the period. This ranks it number 448th in the whole country for real estate investors looking at median house price increases.
At number 37th of NSW’s most discounted properties, Concord is in the bottom 10% of the state/territory when listing in order of most discounted to least.
At number 607 in a list of fastest selling suburbs, Concord is just in the bottom half of suburbs in Australia with an average of days on market 56.07 for properties listed there.
The NSW suburb of Concord, 2137 is in the Canada Bay local government area.
Property value increases in Concord have tracked lower than the NSW average of 8.39% over the last 12 months.
Comparing Concord,2137 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
At number 264th of NSW’s most discounted properties, Concord is in the TOP 10% of the state/territory when listing in order of most discounted to least.
On average over the past year, suburb has had 5.75 sales per month, which equates to 69 per year.
A $525 per week rent on the median house gives suburb investors a gross yield of circa 3.13%, without taking into account capital value appreciation, which has been averaging out at 6.19%.