At number 581th in the list of Australian suburbs ordered by increase in median house value over the last year, Kootingal, 2352 is in the top 20% with a property value increase of 13.97% recorded in median house prices.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Kootingal has increased when compared to the 5 year average annual rate.
Kootingal, 2352 is offering NSW ‘s 672th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this NSW.
At number 2762 in a list of fastest selling suburbs, Kootingal is in the bottom 30% of suburbs in Australia with an average of days on market 104.48 for properties listed there.
A $310 per week rent on the median house gives suburb investors a gross yield of circa 5.13%, without taking into account capital value appreciation, which has been averaging out at 3.60%.