Property investors who have had real estate in Caringbah South, 2229 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 -14.15%
Over the longer term, Caringbah South has seen property prices show investors a -0.42% return over the last 3 years. This is worse than over the last 12 months
LACK OF BUYER INTEREST may well be the reason that Caringbah South is offering property investors an average of -7.38. This rate of discount on properties puts Suburb at number 147th in terms of most discounted suburbs in NSW
Often selling an investment property can take time, and in Caringbah South the average time real estate has been on the market is 77.0947 days.
Caringbah South is 917th on a list of best yielding suburbs for rents in NSW with a 3.12% return
Giving property investors a a poor capital gain of -13.85% for the last year, Caringbah South, 2229 is the 1330th highest performer in Australia in this respect.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Caringbah South has increased when compared to the 5 year average annual rate.
Caringbah South, 2229 is offering NSW ‘s 13th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 10% of discounts offered by this NSW.
Caringbah South is 449th on a list of best yielding suburbs for rents in NSW with a 3.48% return