Over the last year, property investments in Concord, 2137 have given investors a capital gain of -15.31%. This compares very badly with the -4.28% for NSW as a whole.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Concord has increased when compared to the 5 year average annual rate.
LACK OF BUYER INTEREST may well be the reason that Concord is offering property investors an average of -7.34. This rate of discount on properties puts Suburb at number 183th in terms of most discounted suburbs in NSW
The NSW suburb of Concord, 2137 is in the Canada Bay (A) local government area.
Property investors who have had real estate in Concord, 2137 should be unhappy with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -15.87%
A 16.61% growth in median value for property investors in Concord,2137 puts this suburb at number 98th in terms of best performing suburbs in NSW
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Concord, 2137. Typically our figures indicate that -6.94% is being offered, which puts this NSW suburb at 434th most discounted overall in Australia.
At number 358 in a list of fastest selling suburbs, Concord is in the TOP 30% of suburbs in Australia with an average of days on market 65.8182 for properties listed there.
Renters in Suburb are facing rents around $27040 per annum or $520 every week.