At number 1526th in the list of Australian suburbs ordered by increase in median house value over the last year, Kariong, 2250 is in the top 40% with a property value increase of 6.90% recorded in median house prices.
When looking at the potential capital gains offered to property investors over the last 3 years, Kariong comes in at number 215th in NSW.
Our latest figures would indicate that property sellers in Kariong are currently offering property investors an average price cut of -3.35% below the asking price at the moment.
If we look at median property appreciation over just the last three months, Kariong has given property investors a paper return of -1.22%. This puts Suburb as 445 on a list of fastest fasting appreciating suburbs in NSW
On average over the past year, suburb has had 0.83 sales per month, which equates to 10 per year.
Renters in Suburb are facing rents around $4680 per annum or $390 every week.