Coniston, 2500 ranked 374th in NSW when comparing growth in median property values or capital gain over the last 12 months. Coniston is one of 3163 in our list for NSW
Comparing Coniston,2500 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Our latest figures would indicate that property sellers in Coniston are currently offering property investors an average price cut of -4.04% below the asking price at the moment.
In the last year 20 properties changed hands in Coniston, which puts it as the 1104th most active market in NSW when comparing the number of sales per suburb.
The NSW suburb of Coniston, 2500 is in the Wollongong local government area.
Over the last year, property investments in Coniston, 2500 have given investors a capital gain of -1.21%. This compares badly with the 1.69% for NSW as a whole.
Across a shorter period, Coniston, 2500 has seen a median price increase of 2.27% over the last quarter.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Coniston, 2500. Typically our figures indicate that -7.40% is being offered, which puts this NSW suburb at 236th most discounted overall in Australia.
Using the current median advertised rental of $390 and the average annual increase in value of a median property of 6.32%, investors should hope to achieve an overall return of 4.51%