Investment property in Kahibah 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 13.91%
When looking at the potential capital gains offered to property investors over the last 3 years, Kahibah comes in at number 918th in NSW.
Property investors looking for a bargain in Kahibah should be aiming for at least -7.17% off the asking price, which is the average vendor discount being achieved at the moment.
At number 818 in a list of fastest selling suburbs, Kahibah is in the TOP 30% of suburbs in Australia with an average of days on market 53.5 for properties listed there.
The NSW suburb of Kahibah, 2290 is in the Lake Macquarie local government area.
Giving property investors a a solid capital gain of 23.78% for the last year, Kahibah, 2290 is the 106th highest performer in Australia in this respect.
Comparing Kahibah,2290 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.16% offered to property buyers. Sellers in Kahibah itself are offering an average vendor discount of -2.98% to real estate investors.
Often selling an investment property can take time, and in Kahibah the average time real estate has been on the market is 35.41 days.
Using the current median advertised rental of $385 and the average annual increase in value of a median property of 8.38%, investors should hope to achieve an overall return of 3.71%