Investment property in Caringbah has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 17.41%
Taking the average capital gain, or increase in median house value, Caringbah,2229 has racked up an average of 17.41% over the period. This ranks it number 168th in the whole country for real estate investors looking at median house price increases.
The most recent median price for Caringbah is $1470000, with sellers offering an average of -4.88% off the asking price.
Using the current median advertised rental of $670 and the average annual increase in value of a median property of 9.70%, investors should hope to achieve an overall return of 2.37%
NSW has seen average median house prices change by 7.48% which means that Caringbah, 2229 has done well for property investors by showing a capital gain of -0.18% over the last year
While Caringbah,2229 ranked number 405th in NSW for increase in median house value (annualised) increase, it is ranked 360th over the last 5 years.
The most recent median price for Caringbah is $680000, with sellers offering an average of -3.57% off the asking price.