Carramar

CARRAMAR, 2163 ranks 149th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 18.44% for property investors last year.

Based on its average 5-year and quarterly capital gains CARRAMAR, 2163 saw average growth in the long term.

Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Profits due to an upward trend in home prices in CARRAMAR, 2163 averaged 5.47% per annum over a 3-year period.

Average weekly rents on listings have reached the $292.5 mark, reflecting a 3.46% increase in returns based on the current median price in CARRAMAR.

An average of 3.08 real estate transactions take place per month in CARRAMAR which translates to 37 per annum.

37 properties were sold in CARRAMAR during the past year, making it the 186th most active market in NSW based on total real estate transactions.

CARRAMAR, 2163 places 20th in Australia based on median property value growth during the quarter.