CABARITA, 2137 delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.
Average median house prices in NSW have risen as a whole, pulling CABARITA, 2137 values up and netting property investors a capital gain of 20.3% for the past year.
Investors saw the median home price rise to $3,008,000.
Profits due to an upward trend in home prices in the suburb averaged 22.37% per annum over a 3-year period.
Because of this real estate investors could earn a rental income of $1075 based on current median home prices.
Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In CABARITA, homes and units usually stay on listing for an average of 0.0 days.
In 2016, 13 properties were sold in CABARITA during the past year, making it the 1247th most active market in NSW based on total real estate transactions.
CABARITA ranks 14th in NSW when it comes to estimated capital gains experienced by property investors over the past three years.
CABARITA, 2137 has a capital gain of 10.03% for the past year, which is lower than average compared to its 124.1% growth within a five-year period.
Property investors have seen a 7.2% gain in CABARITA based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on CABARITA, 2137 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 10.03%.
A survey of average capital gains or median home price increase in suburbs across the country shows that CABARITA, 2137 obtained a 8.47% growth over a ten-year period. It ranks 103rd on our list of suburbs that property investors should look into.