Concord has had a very poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of -15.95% to date .
Taking the average capital gain, or increase in median house value, Concord,2137 has racked up an average of -15.95% over the period. This ranks it number 3450th in the whole country for real estate investors looking at median house price increases.
Our latest figures would indicate that property sellers in Concord are currently offering property investors an average price cut of -8.39% below the asking price at the moment.
The NSW suburb of Concord, 2137 is in the Canada Bay (A) local government area.
With a capital gain of -0.28% for the last 12 months, Concord, 2137 has performed for property investments than its average annual 7.83% property growth over the last 5 years.
Comparing Concord,2137 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period