Property investors who have had real estate in Kogarah Bay, 2217 should be relatively pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 12.46%
Over the longer term, Kogarah Bay has seen property prices show investors a 22.55% return over the last 3 years. This is worse than over the last 12 months
Sellers are offering property buyers an average discount of -8.28% to buyers in Kogarah Bay at the moment, which is less than average for the rest of NSW.
Using the current median advertised rental of $660 and the average annual increase in value of a median property of 8.32%, investors should hope to achieve an overall return of 2.35%