Property investors who have had real estate in Kincumber, 2251 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 7.14%
Across a shorter period, Kincumber, 2251 has seen a median price increase of 0.33% over the last quarter.
Property buyers and investors in Kincumber 2251 should be seeing an average reduction in asking price of around -4.31% . This means that Kincumber is holding prices well when compared to other suburbs in NSW.
Residents and property investors in Kincumber have been waiting around 52.58 days to sell a property.
Situated 47.55km from the CBD, Kincumber is one of Gosford localities in the postcode 2251.
At number 84th in the list of Australian suburbs ordered by increase in median house value over the last year, Kincumber, 2251 is in the top 10% with a property value increase of 21.68% recorded in median house prices.
Comparing Kincumber,2251 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Property investors looking for a bargain in Kincumber should be aiming for at least -2.57% off the asking price, which is the average vendor discount being achieved at the moment.
Often selling an investment property can take time, and in Kincumber the average time real estate has been on the market is 65.91 days.
Kincumber, 2251’s gross rental yield is 4.66%