Corrimal has had a pretty good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 10.26% to date .
A 91.11% growth in median value for property investors in Corrimal,2518 puts this suburb at number 366th in terms of best performing suburbs in NSW
Vendor discounting in Corrimal is giving property investors an average Vendor Discount of around -7.20%. This puts suburb at number 366th in NSW when ranking the most discounted suburbs.
Often selling an investment property can take time, and in Corrimal the average time real estate has been on the market is 78.18 days.
Using the current median advertised rental of $500 and the average annual increase in value of a median property of 8.48%, investors should hope to achieve an overall return of 3.02%
Corrimal has had a A very good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 12.66% to date .
When looking at the potential capital gains offered to property investors over the last 3 years, Corrimal comes in at number 80th in NSW.
The most recent median price for Corrimal is $565000, with sellers offering an average of -5.32% off the asking price.
On average over the past year, suburb has had 4.42 sales per month, which equates to 53 per year.
With the median price for a house in Corrimal being $565000 and the advertised rent reaching $400 the gross rental yield for property investors calculates out to be 3.68%