Property value increases in Concord West have tracked higher than the NSW average of 11.67% over the last 12 months.
Over the longer term, Concord West has seen property prices show investors a 57.71% return over the last 3 years. This is worse than over the last 12 months
With the median price for a house in Concord West being $2070000 and the advertised rent reaching $710 the gross rental yield for property investors calculates out to be 1.78%
At number 1035th in the list of Australian suburbs ordered by increase in median house value over the last year, Concord West, 2138 is in the BOTTOM 50% with a property value increase of 1.79% recorded in median house prices.
Taking the average capital gain, or increase in median house value, Concord West,2138 has racked up an average of 1.79% over the period. This ranks it number 617th in the whole country for real estate investors looking at median house price increases.
Using the current median advertised rental of $560 and the average annual increase in value of a median property of 8.78%, investors should hope to achieve an overall return of 3.41%