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1 MIN READTop 10 Suburbs For Unit Price Growth In Perth
In July 2021, a CoreLogic study showed a record high gap between median house and unit prices in the Australian property...
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CaringbahCaringbah - SUBURB PROFILE REPORT
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Property investors enjoyed capital gains of 20.83% over the last 12 months in CARINGBAH, translating to lower returns compared with its peers in NSW.
A survey of average capital gains or median home price increase in suburbs across the country shows that the NSW suburb obtained a 8.47% growth over a ten-year period. It ranks 766th on our list of suburbs that property investors should look into.
CARINGBAH, 2229 has a capital gain of 20.83% for the past year, which is higher than average compared to its 32.54% growth within a five-year period.
With the median home price in CARINGBAH sitting at $1,537,500, and the average rent at $750, property owners could potentially earn a 2.54% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in CARINGBAH are high, as opposed to average gains per annum over the past five years.
CARINGBAH, 2229 in NSW belongs to the local government area of Sutherland Shire (A).
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,537,500 | $749,500 |
| GROWTH REPORT | ||
| Median Quarterly | 7.22% | 4.68% |
| Median 12 month | 20.83% | 3.92% |
| Median 3 years | 11.41% | 5.56% |
| Median 5 years | 32.54% | 10.22% |
| 10 years average annual | 8.47% | 4.84% |
| Weekly media advert. rent | $750 | $492.5 |
| Time on Market | 73.4 days | 52.4 days |
| Gross Rental Yield Percent | 2.54% | 3.42% |
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