Cabramatta is an average performer in NSW when comparing median price capital growth over the last year. Cabramatta gave property investors a average capital gain figure when compared to the rest of the state, with 13.16%.
Cabramatta,2166 was ranked 486 in Australia by increase in median property value over the quarter.
At number 20th of NSW’s most discounted properties, Cabramatta is in the bottom 10% of the state/territory when listing in order of most discounted to least.
Cabramatta has had a pretty average year for property investment returns compared to the rest of NSW, giving investors a capital gain of 6.27% to date .
If we look at median property appreciation over just the last three months, Cabramatta has given property investors a paper return of 2.51%. This puts Suburb as 179 on a list of fastest fasting appreciating suburbs in NSW
Cabramatta2166 is located in NSW which offers an average discount of -4.11% to property investors. Cabramatta itself is showing figures that indicate -6.43% is the average achievable by property buyers investing in the suburb.
Cabramatta, 2166’s gross rental yield is 3.94%
South-west Sydney suburb Cabramatta is situated 25km from the Sydney CBD and sandwiched between the suburbs of Fairfield and Liverpool. There are direct rail links to both the Sydney CBD and Parramatta, and the suburb also provides easy access to the Hume Highway.Full summary
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South-west Sydney suburb Cabramatta is situated 25km from the Sydney CBD and sandwiched between the suburbs of Fairfield and Liverpool. There are direct rail links to both the Sydney CBD and Parramatta, and the suburb also provides easy access to the Hume Highway.
Cabramatta's median unit price compares well with neighbouring suburbs, such as northern neighbour Canley Vale and Fairfield.
It’s known primarily as Sydney’s ‘Little Asia’, with ABS figures estimating that around 60% of residents were born overseas, half of those from Asia. One of the key drivers for the area is its fast-growing population: the ABS estimates the population for the wider Fairfield area increased by around 6,000 people between 2005 and 2009.
It’s been one of the best performers in Sydney in recent months – increasing in value by 15% over the last year – and that’s all down to homebuyers’ quests for affordable properties within the city limits. However, even investors with the loosest knowledge of Sydney are likely to be aware that these suburbs don’t have the best of reputations. Residex CEO John Edwards argues that it’s more important than ever to do your due diligence before buying.
“Well-located units will be the ones that do well, and you should be careful to size up the surrounding units to ensure that you’re in better parts of the suburb,” he says. “However, if you get it right there’s potential for good outcomes as these areas benefit from the ripple effect.”