Giving property investors a a solid capital gain of 23.03% for the last year, East Corrimal, 2518 is the 301th highest performer in Australia in this respect.
Over the longer term, East Corrimal has seen property prices show investors a 40.22% return over the last 3 years. This is worse than over the last 12 months
Our latest figures would indicate that property sellers in East Corrimal are currently offering property investors an average price cut of -6.26% below the asking price at the moment.
East Corrimal, 2518’s gross rental yield is 2.94%
At number 185th in the list of Australian suburbs ordered by increase in median house value over the last year, East Corrimal, 2518 is in the top 20% with a property value increase of 17.80% recorded in median house prices.
When looking at the potential capital gains offered to property investors over the last 3 years, East Corrimal comes in at number 125th in NSW.
Vendor discounting in East Corrimal is giving property investors an average Vendor Discount of around -3.14%. This puts suburb at number 359th in NSW when ranking the most discounted suburbs.
On average over the past year, suburb has had 3.75 sales per month, which equates to 45 per year.
The NSW suburb of East Corrimal, 2518 is in the Wollongong local government area.