Investment property in Kotara South has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -0.66%
Taking the average capital gain, or increase in median house value, Kotara South,2289 has racked up an average of -0.66% over the period. This ranks it number 2001th in the whole country for real estate investors looking at median house price increases.
LACK OF BUYER INTEREST may well be the reason that Kotara South is offering property investors an average of -5.49. This rate of discount on properties puts Suburb at number 189th in terms of most discounted suburbs in NSW
A $430 per week rent on the median house gives suburb investors a gross yield of circa 4.25%, without taking into account capital value appreciation, which has been averaging out at 4.19%.