Property investors who have had real estate in Kempsey, 2440 should be unhappy with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -20.75%
Over the longer term, Kempsey has seen property prices show investors a 15.07% return over the last 3 years. This is worse than over the last 12 months
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.50% offered to property buyers. Sellers in Kempsey itself are offering an average vendor discount of -5.21% to real estate investors.
Renters in Suburb are facing rents around $3600 per annum or $300 every week.