Property investors who have had real estate in Kogarah, 2217 should be ok 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 2.95%
While Kogarah,2217 ranked number 296th in NSW for increase in median house value (annualised) increase, it is ranked 131th over the last 5 years.
Kogarah2217 is located in NSW which offers an average discount of -5.49% to property investors. Kogarah itself is showing figures that indicate -9.31% is the average achievable by property buyers investing in the suburb.
Giving property investors a an unimpressive capital gain of 0.00% for the last year, Kogarah, 2217 is the 1090th highest performer in Australia in this respect.
Kogarah,2217 was ranked 421 in Australia by increase in median property value over the quarter.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Kogarah, 2217. Typically our figures indicate that -4.46% is being offered, which puts this NSW suburb at 954th most discounted overall in Australia.
Using the current median advertised rental of $470 and the average annual increase in value of a median property of 6.99%, investors should hope to achieve an overall return of 3.94%