East Corrimal, 2518 ranked 1119th in NSW when comparing growth in median property values or capital gain over the last 12 months. East Corrimal is one of 3163 in our list for NSW
Taking the average capital gain, or increase in median house value, East Corrimal,2518 has racked up an average of -13.48% over the period. This ranks it number 1738th in the whole country for real estate investors looking at median house price increases.
Often selling an investment property can take time, and in East Corrimal the average time real estate has been on the market is 106.25 days.
Using the current median advertised rental of $510 and the average annual increase in value of a median property of 8.23%, investors should hope to achieve an overall return of 3.21%
Property investors who have had real estate in East Corrimal, 2518 should be unhappy with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -18.48%
The five-year average increase in median property values for East Corrimal,2518 has given property investors a potential capital gain of 25.92% across each of those five years.
East Corrimal2518 is located in NSW which offers an average discount of -6.83% to property investors. East Corrimal itself is showing figures that indicate -7.52% is the average achievable by property buyers investing in the suburb.
A $360 per week rent on the median house gives suburb investors a gross yield of circa 4.35%, without taking into account capital value appreciation, which has been averaging out at 7.40%.