Investment property in Caringbah South has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 10.42%
Taking the average capital gain, or increase in median house value, Caringbah South,2229 has racked up an average of 10.42% over the period. This ranks it number 859th in the whole country for real estate investors looking at median house price increases.
At number 260th of NSW’s most discounted properties, Caringbah South is in the bottom 40% of the state/territory when listing in order of most discounted to least.
Often selling an investment property can take time, and in Caringbah South the average time real estate has been on the market is 50 days.
Advertised rents are around the $800 mark per week – giving a return of 2.42% based on the median price in Suburb
With a capital gain of -3.85% for the last 12 months, Caringbah South, 2229 has performed for property investments than its average annual 8.52% property growth over the last 5 years.
Taking the average capital gain, or increase in median house value, Caringbah South,2229 has racked up an average of -3.85% over the period. This ranks it number 118th in the whole country for real estate investors looking at median house price increases.
Sellers are offering property buyers an average discount of -3.81% to buyers in Caringbah South at the moment, which is less than average for the rest of NSW.
Property investors should expect to get $720 weekly from the median priced house in this suburb.