Giving property investors a an average capital gain of 8.46% for the last year, Korora, 2450 is the 1717th highest performer in Australia in this respect.
The five-year average increase in median property values for Korora,2450 has given property investors a potential capital gain of 24.21% across each of those five years.
Korora, 2450 is offering NSW ‘s 858th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 30% of discounts offered by this NSW.
Renters in Suburb are facing rents around $5520 per annum or $460 every week.
If you compare the increase in value of investment property in Korora, 2450 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this NSW suburb was 3.60%.
While Korora,2450 ranked number 501th in NSW for increase in median house value (annualised) increase, it is ranked 494th over the last 5 years.
LACK OF BUYER INTEREST may well be the reason that Korora is offering property investors an average of -4.16. This rate of discount on properties puts Suburb at number 67th in terms of most discounted suburbs in NSW
The NSW suburb of Korora, 2450 is in the Coffs Harbour local government area.