Investment property in Kilaben Bay has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 12.94%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Kilaben Bay has increased when compared to the 5 year average annual rate.
LACK OF BUYER INTEREST may well be the reason that Kilaben Bay is offering property investors an average of -5.52. This rate of discount on properties puts Suburb at number 481th in terms of most discounted suburbs in NSW
Using the current median advertised rental of $382.5 and the average annual increase in value of a median property of 6.03%, investors should hope to achieve an overall return of 3.31%