If you compare the increase in value of investment property in Caringbah, 2229 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this NSW suburb was -15.47%.
The five-year average increase in median property values for Caringbah,2229 has given property investors a potential capital gain of 29.83% across each of those five years.
Sellers are offering property buyers an average discount of -8.91% to buyers in Caringbah at the moment, which is less than average for the rest of NSW.
Residents and property investors in Caringbah have been waiting around 93.8636 days to sell a property.
Renters in Suburb are facing rents around $35880 per annum or $690 every week.
Caringbah is an average performer in NSW when comparing median price capital growth over the last year. Caringbah gave property investors a average capital gain figure when compared to the rest of the state, with -4.23%.
If we look at median property appreciation over just the last three months, Caringbah has given property investors a paper return of -4.23%. This puts Suburb as 398 on a list of fastest fasting appreciating suburbs in NSW
Vendor discounting in Caringbah is giving property investors an average Vendor Discount of around -8.10%. This puts suburb at number 86th in NSW when ranking the most discounted suburbs.
In the last year 236 properties changed hands in Caringbah, which puts it as the 16th most active market in NSW when comparing the number of sales per suburb.
Caringbah is 317th on a list of best yielding suburbs for rents in NSW with a 3.90% return