Over the last year, property investments in Kurri Kurri, 2327 have given investors a capital gain of 8.77%. This compares favourably with the 7.28% for NSW as a whole.
The five-year average increase in median property values for Kurri Kurri,2327 has given property investors a potential capital gain of 22.05% across each of those five years.
The most recent median price for Kurri Kurri is $310000, with sellers offering an average of -5.54% off the asking price.
Often selling an investment property can take time, and in Kurri Kurri the average time real estate has been on the market is 85.01 days.
Renters in Suburb are facing rents around $3660 per annum or $305 every week.
If you compare the increase in value of investment property in Kurri Kurri, 2327 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this NSW suburb was -3.41%.
Over the longer term, Kurri Kurri has seen property prices show investors a -13.56% return over the last 3 years. This is an improvement over the last 12 months
Property buyers and investors in Kurri Kurri 2327 should be seeing an average reduction in asking price of around -9.08% . This means that Kurri Kurri is holding prices well when compared to other suburbs in NSW.
Using the current median advertised rental of $282.5 and the average annual increase in value of a median property of 6.12%, investors should hope to achieve an overall return of 5.76%