At number 3824th in the list of Australian suburbs ordered by increase in median house value over the last year, Kogarah, 2217 is in the BOTTOM 10% with a property value increase of -10.51% recorded in median house prices.
A 61.97% growth in median value for property investors in Kogarah,2217 puts this suburb at number 936th in terms of best performing suburbs in NSW
Property buyers and investors in Kogarah 2217 should be seeing an average reduction in asking price of around -7.42% . This means that Kogarah is holding prices well when compared to other suburbs in NSW.
Residents and property investors in Kogarah have been waiting around 97 days to sell a property.
Advertised rents are around the $600 mark per week – giving a return of 2.71% based on the median price in Suburb
At number 1380th in the list of Australian suburbs ordered by increase in median house value over the last year, Kogarah, 2217 is in the BOTTOM 30% with a property value increase of -4.10% recorded in median house prices.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Kogarah has increased when compared to the 5 year average annual rate.
Our latest figures would indicate that property sellers in Kogarah are currently offering property investors an average price cut of -4.84% below the asking price at the moment.
The NSW suburb of Kogarah, 2217 is in the Kogarah local government area.