If you compare the increase in value of investment property in Kincumber, 2251 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 9.43%.
When looking at the potential capital gains offered to property investors over the last 3 years, Kincumber comes in at number 561th in NSW.
Kincumber, 2251 is offering NSW ‘s 1043th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 20% of discounts offered by this NSW.
A $480 per week rent on the median house gives suburb investors a gross yield of circa 4.30%, without taking into account capital value appreciation, which has been averaging out at 5.04%.
Kincumber has had a pretty average year for property investment returns compared to the rest of NSW, giving investors a capital gain of 6.62% to date .
Kincumber,2251 has offered an average of 6.62% return per annum in house price rises to property investors over the last three years.
Property buyers and investors in Kincumber 2251 should be seeing an average reduction in asking price of around -2.00% . This means that Kincumber is holding prices well when compared to other suburbs in NSW.
At number 410 in a list of fastest selling suburbs, Kincumber is in the TOP 30% of suburbs in Australia with an average of days on market 56.2 for properties listed there.
Renters in Suburb are facing rents around $4680 per annum or $390 every week.