Property investors enjoyed capital gains of 20% over the last 12 months in CADDENS, 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 12.95% growth over a ten-year period. It ranks 3205th on our list of suburbs that property investors should look into.
With the median home price in CADDENS sitting at $855,000, and the average rent at $530, property owners could potentially earn a 3.22% increase in gross rental yield.
CADDENS, 2747 in NSW belongs to the local government area of Penrith.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||20%||N/A|
|Median 3 years||56.88%||N/A|
|Median 5 years||N/A||N/A|
|10 years average annual||12.95%||N/A|
|Weekly media advert. rent||$530||N/A|
|Time on Market||48.5 days||N/A|
|Gross Rental Yield Percent||3.22%||N/A|