With a capital gain of 11.36% for the last 12 months, Condobolin, 2877 has performed for property investments than its average annual 4.36% property growth over the last 5 years.
If we look at median property appreciation over just the last three months, Condobolin has given property investors a paper return of 11.19%. This puts Suburb as 42 on a list of fastest fasting appreciating suburbs in NSW
Property investors looking for a bargain in Condobolin should be aiming for at least -9.80% off the asking price, which is the average vendor discount being achieved at the moment.
In the last year 44 properties changed hands in Condobolin, which puts it as the 587th most active market in NSW when comparing the number of sales per suburb.
Using the current median advertised rental of $235 and the average annual increase in value of a median property of 4.36%, investors should hope to achieve an overall return of 6.56%