At number 1267th in the list of Australian suburbs ordered by increase in median house value over the last year, Cardiff South, 2285 is in the top 30% with a property value increase of 6.80% recorded in median house prices.
Comparing Cardiff South,2285 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.36% offered to property buyers. Sellers in Cardiff South itself are offering an average vendor discount of -2.23% to real estate investors.
Over the last year, property investments in Cardiff South, 2285 have given investors a capital gain of 10.76%. This compares very favourably with the 0.24% for NSW as a whole.
When looking at the potential capital gains offered to property investors over the last 3 years, Cardiff South comes in at number 152th in NSW.
Our latest figures would indicate that property sellers in Cardiff South are currently offering property investors an average price cut of -3.13% below the asking price at the moment.
A $372.5 per week rent on the median house gives suburb investors a gross yield of circa 4.59%, without taking into account capital value appreciation, which has been averaging out at 5.73%.