Property investors who have had real estate in Kotara, 2289 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 10.14%
Over the longer term, Kotara has seen property prices show investors a 28.81% return over the last 3 years. This is worse than over the last 12 months
Our latest figures would indicate that property sellers in Kotara are currently offering property investors an average price cut of -4.39% below the asking price at the moment.
At number 350 in a list of fastest selling suburbs, Kotara is in the TOP 10% of suburbs in Australia with an average of days on market 40.6 for properties listed there.
Advertised rents are around the $440 mark per week – giving a return of 4.01% based on the median price in Suburb
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Kotara, 2289. Typically our figures indicate that -1.54% is being offered, which puts this NSW suburb at 1445th most discounted overall in Australia.
Advertised rents are around the $370 mark per week – giving a return of 4.68% based on the median price in Suburb